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China’s ‘Zero-Covid’ Policy Poses Renewed Threat to Luxury

Shanghai’s current lockdown will eventually end but a new outbreak in Beijing and no end to the country’s rigid pandemic strategy suggest retail disruptions are likely elsewhere.

Shanghai’s current lockdown will eventually end, but a new outbreak in Beijing and no end to the country’s rigid pandemic strategy suggests further retail disruptions are likely. — Shanghai’s current lockdown will eventually end but a new outbreak in Beijing and no end to the country’s rigid pandemic strategy suggest retail disruptions are likely elsewhere. (Getty Images)

Casey Hall

26 April 2022

BoF PROFESSIONAL

A month into a strict lockdown that has seen Shanghai’s 25 million residents largely confined to their homes, people are growing increasingly impatient in China’s most international city. Despite restrictions which have prompted food rationing, supply chain disruptions and concerns for stalled economic growth, the authorities have yet to divulge any plans for an exit strategy.

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