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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.
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