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Layoffs and exits: Firms in China teeter under zero-Covid pressure
Layoffs and exits: Firms in China teeter under zero-Covid pressure
by  AFP

Fiona Shi lost her job twice during the pandemic -- first, in 2020 when Covid ravaged the travel industry, and then this year as China's strict virus controls hammered businesses in the world's number two economy. Beijing-based Bai said it was the second time she lost her job because of the pandemic.

Central banks walk inflation-recession tightrope
Central banks walk inflation-recession tightrope
by  AFP

Central banks have ramped up their battle against runaway inflation, a necessary remedy that could have the adverse side effect of tipping countries into recession, analysts say.

Warehouse business catches fire, boosted by pandemic, e-commerce
Warehouse business catches fire, boosted by pandemic, e-commerce
by  AFP

The rise of e-commerce and the logistical nightmare created by the Covid-19 pandemic have caused a surge in demand for warehouse space in the United States, and big investment funds have taken note. - Another pandemic effect was the logistical mess caused by Covid-lockdowns and health restrictions.

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