China Maintains Covid Fight as Lockdowns Pummel Economy

The transcript discusses the economic impact of lockdowns in China, focusing on Shanghai, Shenzhen, and Beijing. It highlights the significant effects on the economy, particularly in the services sector, and notes that the full impact is yet to be realized. The situation in Beijing is also examined, with potential lockdowns looming.

What factors contribute to the economic challenges faced by China this year?

In what ways are services expected to be affected by the lockdowns?