Home » today » Business » Not a single car was sold in Shanghai in April

Not a single car was sold in Shanghai in April

China’s zero-covid policy is taking a heavy toll on the economy. Factories produced less than a year ago in April, and consumers cut spending.

The lockdowns in Shanghai and other Chinese cities have already had severe economic consequences, it turned out when official figures were released this morning. Industrial production is at 2.9 …

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.