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Analyst: 'Lockdown in Shanghai will rock China's economy'
Containers piling up at Shanghai's port and flight suspensions are putting pressure on global supply chains. CNN's Kristie Lu Stout reports on the economic consequences of China's zero-Covid strategy.
02:56 - Source: CNNBusiness
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Analyst: 'Lockdown in Shanghai will rock China's economy'
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BEIJING, CHINA - MAY 12: People line up outside a supermarket to buy food after a rumour of an impending COVID-19 lockdown that was denied by officials was posted to social media on May 12, 2022 in Beijing, China. China is trying to contain a spike in coronavirus cases in the capital Beijing after hundreds of people tested positive for the virus in recent weeks, causing local authorities to initiate mass testing, mandate proof of a negative PCR test within 48 hours to enter many public spaces, to close schools and retail stores, ban gatherings and inside dining in all restaurants, and to lockdown many neighbourhoods in an effort to maintain the country's zero COVID strategy. (Photo by Kevin Frayer/Getty Images)
Chinese officials urge government action to revive Covid-battered economy
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How much longer can China's economy handle 'zero-Covid'?
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BEIJING, CHINA - JANUARY 13: A man is given a nucleic acid test for COVID-19 by a health worker at a private testing site on January 13, 2022 in Beijing, China. While China has mostly contained the spread of COVID-19 during the pandemic, and even though cases remain relatively low, recent outbreaks of the virus including the emergence of the highly contagious Omicron variant have prompted the government to lockdown nearly 20 million people in various major cities and to reinforce stricter health measures. Mask mandates, mass testing, immunization boosters, quarantines, some travel restrictions and bans and lockdowns have become the norm as China continues to maintain its zero-COVID policy. China's capital city Beijing, has been put on high alert as it prepares to host the Beijing 2022 Winter Olympics and Paralympics which open next month. (Photo by Kevin Frayer/Getty Images)
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Residents queue to undergo nucleic acid tests for the Covid-19 coronavirus in Xi'an in China's northern Shaanxi province on December 29, 2021. - China OUT (Photo by AFP) / China OUT (Photo by STR/AFP via Getty Images)
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Editor of "Stand News" Patrick Lam, second from left, is arrested by police officers in Hong Kong, Wednesday, Dec. 29, 2021. Hong Kong police say they have arrested seveal current and former staff members of the online media company for conspiracy to publish a seditious publication. (AP Photo/Vincent Yu)
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