The Chinese economy is losing steam. Industrial production dropped 2.9% year on year in April, the lowest since January-February 2020, when COVID-19 first hit.
Xi Jinping's zero-COVID focus threatens global supply chains

Shanghai residents receive PCR tests on May 13. © Kyodo
The Chinese economy is losing steam. Industrial production dropped 2.9% year on year in April, the lowest since January-February 2020, when COVID-19 first hit.