COVID-19: Shanghai lockdown a blow to consumer spending

Top Lifetime Deals - Business Software Ai Writer, SEO, Blogging, Email & More

Save up to 90% Discount On Business Software such AI Writer & CRMs

News of the coronavirus lockdown in Shanghai has been accompanied by reports of stockbrokers camping out on the exchange floor and of companies recalling staff before a 5am deadline. Some reports say investment companies in this financial capital are even offering staff monetary incentives to camp out on weekdays. The snap, two-stage lockdown will likely deal a heavy blow to businesses reliant on consumer spending. But economists say the city’s industrial sector can largely withstand the disruption.

Subscribe to our channel here:

Subscribe to our news service on Telegram:

Follow us:
CNA Lifestyle:

You May Also Like