Economics

World Economy Faces Supply Hit as China Battles Covid Again

Covid cases surge above 5,000 to highest level since 2020
China’s outbreak comes as world grapples with Ukraine fallout

China Reports Over 5,000 Covid Cases as More Cities Locked Down

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By Enda Curran and Tom Hancock

March 15, 2022 at 8:45 AM UTC

Updated on

March 15, 2022 at 11:39 AM UTC

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The global economy -- already struggling with war in Ukraine and the stagflation risks it’s fanning -- is bracing for greater disruption as China scrambles to contain its worst outbreak of Covid-19 since the pandemic began.