China’s ruling communist party (CCP) has locked down the world’s largest electronics market and the urban districts in its megacity Shenzhen, which is China’s economic center. Meanwhile, a Chinese think tank warned of major risks to China’s economy, calling on the authorities to change the “zero-COVID” policy to help economy. After 11 local COVID-19 cases…
China’s Shenzhen Shuts Electronics Market Amid COVID-19 Outbreak
SHENZHEN, China—Authorities in China’s southern city of Shenzhen shut the world’s largest electronics market of Huaqiangbei and suspended service at 24 subway stations on Monday in a bid to curb an outbreak of COVID-19. Three key buildings in the sprawling area, comprised of thousands of stalls selling microchips, telephone parts, and other components to manufacturers,…
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