China moving toward lockdown. The number of locally transmitted COVID-19 cases in China reached 181, the country’s highest level in more than a year. Chinese travelers are canceling flights en masse, and Chinese oil refiners are scaling back output in anticipation of slowing demand. The outbreak in China is still small compared to those in […]
Daily Memo: China’s COVID-19 Cases Increase
The ripple effects for global supply chains and local political stability could be staggering.
