ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
China tech

China lockdowns a 'double killer' of online, offline businesses: CEO

Latest outbreak hurts consumers and supply chains more severely, Xu Lei says

A logistics center in Beijing. After taking a toll from the pandemic, the company has been culling staff members to reduce costs.   © Reuters

HONG KONG -- The coronavirus outbreak in several large Chinese cities, bringing lockdowns in Shanghai and Beijing, has been a "double killer" affecting online and offline businesses alike, CEO Xu Lei said Tuesday.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more