Huge numbers of new infections from China.
Yesterday I posted on China maintaining its 'zero' policy:
China is facing a tough time. The new variants are more contagious and the country's vaccine availability is limited to the home-grown one (except for Party elites, who have Pfizer etc available to them).
This from earlier on the economic impact:
Nomura says "Markets so far have underestimated the severity of the situation in China"
