Business
China Lockdowns Hitting Revenue of U.S. Businesses
China’s central bank reaffirmed it will be proactive in addressing mounting economic pressure and boosting market confidence. The pledge comes as a survey the American Chamber of Commerce in China showed U.S. firms in the country are slashing investments and lowering revenue projections amid Beijing’s stringent Covid Zero strategy. Enda Curran reports on “Bloomberg Daybreak: Asia.”
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