The biggest risk to the world economy that no one is talking about

Nearly 400 million people in 45 cities across China are completely or partially closed as part of China’s strict nullacovid policy. According to Nomura Holdings, they together account for 40 percent, or $ 7.2 billion, of the world’s second largest economy’s annual GDP. Analysts are sounding the alarm bells, but say investors are underestimating the … Read more