International brands are revealing the damage to their bottom lines from China's "zero Covid" policy, where tens of millions of people remain in lockdown and almost every major business has been disrupted.
In recent weeks, dozens of mainland Chinese cities, including the financial hub of Shanghai, have been locked down as authorities work to stamp out the coronavirus. For industries ranging from Big Tech to consumer goods, that's destroying both supply and demand — and giving executives another major headache.Many companies had just run up millions, or billions, of dollars in losses due to the war in Ukraine, which led to a massive — and costly — corporate exodus from Russia.
RemNoteBot
CNN = China Negative News
FreeBiafra FreeMaziNnamdiKanu EndNigeriaNowToSaveLives
Вкрадене в Україні зерно росіяни вивозять в РФ, Крим та Сирію, - розвідка -
💉☠️The truth about the pandemic الحقيقة عن الجائحة
Its a violation of their human rights man🫤