China’s new wave of Covid lockdowns threaten the global supply chain and could send inflation surging even higher. Summary China locked down technology hub Shenzhen and all of Jilin province as part of its “zero Covid” policies to fight rising Omicron variant cases. This marks China’s first province-wide lockdown since China restricted Wuhan and Hubei provinces in the first months of the pandemic. China’s Covid cases have more than doubled in the past few days, marking China’s biggest reported outbreak …
