China Maintains Covid Fight as Lockdowns Pummel Economy

The transcript discusses the economic impact of lockdowns in China, focusing on Shanghai, Shenzhen, and Beijing. It highlights the significant effects on the economy, particularly in the services sector, and notes that the full impact is yet to be realized. The situation in Beijing is also examined, with potential lockdowns looming.

What is the main reason the economic impact of the Shanghai lockdowns is not fully reflected in the numbers?

• The lockdowns were not severe enough.

• The data was not collected properly.

• The lockdowns were too short to have an impact.

• The surveys were conducted before the lockdowns.

Which city experienced a shorter lockdown before Shanghai?

• Wuhan

• Beijing

• Shenzhen

• Guangzhou

What is the current status of Beijing in terms of lockdowns?

• Beijing has lifted all restrictions.

• Beijing has no restrictions.

• Beijing is under a full lockdown.

• Beijing is considering a lockdown.

What is the main theme for China's economy this year according to the transcript?

• Trade agreements

• Technological advancements

• Rapid economic growth

• Impact of lockdowns and restrictions

Which sector is expected to be strongly affected by the lockdowns?

• Construction

• Agriculture

• Services

• Manufacturing