If there’s any indication that what happens next in China is a big deal for the U.S. economy, it’s that Federal Reserve officials mentioned the country’s Covid-related lockdowns eight times at their latest policy meeting on June 15.
Chair Jerome Powell and others warned of several “downside risks,” including “larger-than-expected effects on economic growth” from external factors such as Russia’s invasion of Ukraine, and more recently, Covid-related lockdowns in China.
Read the full story on Forbes:
Subscribe to FORBES:
Stay Connected
Forbes newsletters:
Forbes on Facebook:
Forbes Video on Twitter:
Forbes Video on Instagram:
More From Forbes:
Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
source
True but indian government isn't aware of covid still didn't put lockdown in india
Suuu make china poor pls covid
Finally y’all realize this is on purpose
It's very important to diversify supply chain from China to friendly and democratic countries like India, Malaysia , Bangladesh etc..
We should be shifting our investment and take out companies out of china and place them somewhere else. They are acting tooo cocky at this point and are moving on their own fast pace. Just goes to show they don’t need foreigner help after all. Might as well take our leave and our stuff out of there and give it to a country that is worth working with. Right now there are companies leaving china as well as some of the foreigners
What economic recovery?
F$#@ American economy
US economic recovery? Are you joking?
Smearing China’s covid policy does not save lives back home. Blaming China’s for domestic economic woes does not help your economic recovery.
We have seen the golden rule of poor performance in domestic affairs impacting the fate of western leaders in Australia, France, the UK and currently Italy.
If you don’t do anything constructive other than smearing and blaming others, what do you expect from your mid-term election results?
Neither commuinists camp is good, nor capitalists, bth dont have human rights.
Hope you will be pleased with my latest decryptions of Scandinavian cryptography on charts of swedish Hexagon company.
https:/ /http://www.youtube.com/watch?v=Aubjzf_fIc8
Also, please, pay attention to diplomats – victims of Havana Syndrome. It will be usefull for them, how dangerous for civilians things are.
DEWs are true, so dont worsen situation.
I work in the field of protection civilians against human experimentation with the use of emitting directed energy weapons and neuroscience.
What else leaked out of Wuhan lab cause the lock downs are making the world wondering why so hard handed China is being ????
When we buy food and oil from China? Why are these so expensive? Why our ports are so slow even during China lockdowns? Why it is always someone else's fault?
China is naive to think covid will disappear. Guess they will be locking down forever
Government of the USA 🇺🇸 move our goods & manufacturing back to the US!, Where it should’ve stayed and never left to a communist country. Thing need to be made here. Making things there then MOVING it back over here USA is not climate friendly I’m out of fuel and pollution that causes!! USA 🇺🇸 message immediately get China out of our food industry,medical industry,in tech industry here in the US. Are we going to end up like our dead dogs from China tainted poison Dog Food.
China doesn’t have a vaccine
oops sorry
China is the supreme power…( they Ave – food)
Food is more then revenue..
U need food..
China s ok..the world needs China..it has the food..of d world!!
So the USA.. or Europe..can't do much bout it….
China holds 60..70%..of the grain supply..!@
Watch China starve..!!
How does China’s people not understand economic downtown in America adversely affects China?
Looming
China locks down and we re worried about the economy and not lives?? Hmmmmm………United States, very selfish of us.
HHAAAAAA!!! Recoevery???!! United states has been broke since 1933! The only money is GOLD AND SILVER. How do we give loans and the national debt keeps rising! Theres no money!! Promissory notes bought your house and cars! you created the money with your signature! United States, The great scammers of the people.
THATS WHY YOU HAVE AMERICANS MAKE THEIR OWN SHI$
This is amazing too watch,very eye opening.
We hope so that there's another Lockdown.