Markets tumble as panic grows over China's zero Covid collapse

Markets tumble as panic grows over China’s zero Covid collapse

MArkets tumbled across the world on Monday as fears of a new Chinese lockdown sparked panic buying in Beijing. Around £40bn was wiped off the FTSE 100 which dropped 1.9pc, amid concerns over a wave of draconian restrictions to prevent the collapse of China’s zero Covid policy. Economists warned the world’s second-largest economy may already …

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