A Beijing Crackdown on COVID Protests Could Have Same Economic Effect as Lockdowns on America: Expert

Security personnel in protective clothing attack a protester with clubs after he grabbed a metal pole that had been used to strike him during a protest at the factory compound operated by Foxconn Technology Group which runs the world’s biggest Apple iPhone factory in Zhengzhou in central China’s Henan Province on Nov. 23, 2022. AP

Beijing’s potential crackdown on COVID protests could have the same economic effect as the lockdowns on America, says Milton Ezrati, Chief Economist at the financial communications agency Vested.

“The protests, especially if the [Chinese] government cracks down on them, are going to have, from an economic standpoint, the same effect as the lockdowns. They will interrupt business, and they will be a burden on supply chains to the United States,” Ezrati told NTD’s “China in Focus” program.