What could China’s zero Covid strategy mean for Australian business?

  • 📰 GuardianAus
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 98%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

How will rising case numbers and tens of millions of people under strict lockdown affect local supply chains and Australia’s economy?

Mixed strengthAfter the first two months of 2022, the economy performed better than expected in areas such as spending on so-called fixed assets such as roads, with 12.2% growth – more than double the 5% pace economists predicted.

“The one weak spot in [Tuesday’s] data was a lift in the surveyed jobless rate to 5.5%, indicating increased stress in the labour market,” Xie said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I don't think China gives a rats arse what that would mean for Australia - and why should they

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines