Companies that reaped windfalls helping the government implement strict ‘zero Covid’ controls are now struggling to pay and keep workers. NYTimes New Year’s Eve https://www.nytimes.com/2023/01/16/world/asia/china-covid-protests.html David Pierson, Keith Bradsher and Muyi Xiao Original Source: NY Times >>
Tag Archives: Factories and Manufacturing
Why China’s Economy Faces a Perilous Road to Recovery
Years of lockdowns took a brutal toll on businesses. Now, the rapid spread of Covid after a chaotic reopening has deprived them of workers and customers. NYTimes New Year’s Eve https://www.nytimes.com/2023/01/02/business/china-economy-covid.html Keith Bradsher Original Source: NY Times >>
China’s First-Quarter Growth Is Expected to Boom on Paper
The world’s traditional growth engine reported an 18.3 percent leap in the first quarter. But consumers and small business aren’t fully sharing in the spoils. NYTimes New Year’s Eve https://www.nytimes.com/2021/04/15/business/economy/china-economy.html Alexandra Stevenson and Cao Li Original Source: NY Times >>