China’s zero-COVID policy poses challenge for manufacturers and supply chains

The International Monetary Fund (IMF) said that China’s economic recovery is well advanced but imbalanced due to weak consumption. The IMF forecasts the world’s second-largest economy will grow 4.8% in 2022 and 5.2% in 2023, down from 8.1% growth last year. China analyst Fraser Howie told DW that China’s zero-COVID policy has had a severe impact on global supply chains.