China’s zero-Covid policy may ‘prolong global supply-chain disruptions’

China’s zero-Covid restrictions may heap pressure on the global economy by prolonging supply-chain disruptions and intensifying the impact of inflation, a Bank of Japan (BOJ) policymaker said on Wednesday.The remark follows a warning last month by International Monetary Fund head Kristalina Georgieva that China should reassess its zero-Covid approach to the pandemic, given the emergence of the highly contagious Omicron variant.“China’s economy is the world’s market and factory,” BOJ board…

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