China ordered mandatory COVID-19 tests in a district of Beijing and locked down some areas of the capital as policymakers raced to prevent a repeat of the outbreak that’s hobbled Shanghai for weeks.
Worries that the country’s strict “COVID zero” policies, which rely on lockdowns and mass testing, will derail economic growth dragged down oil and iron ore prices on Monday morning. The moves follow a selloff in Chinese markets last week that sent the offshore yuan to a one-year low.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.