Latest virus hit smaller than in Q3 but Omicron looms

China is recording the highest number of new COVID infections since the initial lockdown in Q1 2020. But the current outbreak has not spread as widely across the country as the Delta wave last summer and the economic hit so far appears smaller. The bigger concern is that virus disruptions could become more frequent or intense once the Omicron variant eventually finds its way into the country.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.