Why China's Covid lockdowns will be the next big shock for global growth

China’s attempts to eradicate Covid with repeated lockdowns will affect supply chains and depress the global economy.

Covid disinfection team in Beijing
China’s bid to eradicate Covid is hampering the economic recovery
(Image credit: © Chen Shuo/VCG via Getty Images)

“It’s still too soon to forget about the pandemic,” says John Authers on Bloomberg. With “lockdowns spreading from city to city”, it’s time to get ready for “a Chinese shock to global growth”.

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Markets editor

Alex is an investment writer who has been contributing to MoneyWeek since 2015. He has been the magazine’s markets editor since 2019. 

Alex has a passion for demystifying the often arcane world of finance for a general readership. While financial media tends to focus compulsively on the latest trend, the best opportunities can lie forgotten elsewhere. 

He is especially interested in European equities – where his fluent French helps him to cover the continent’s largest bourse – and emerging markets, where his experience living in Beijing, and conversational Chinese, prove useful. 

Hailing from Leeds, he studied Philosophy, Politics and Economics at the University of Oxford. He also holds a Master of Public Health from the University of Manchester.