With 40.3% of the economy and US$7.2 trillion in production at risk, China's zero-Covid heavy-handed response is filtering through in the figures..AAPL
The latest market retreat raises new questions about the strength of Chinese tech stocks as analysts keep pulling back their price targets for the likes of Alibaba and Meituan.
The testing exercise, which has never been seen elsewhere in the world, was aimed to spot most of the infections and quarantine them in a quick manner to achieve a dynamic zero-Covid goal.