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Tianjin, COVID, and Losing Chinese Labor

 

Peter Zeihan: Tianjin, COVID, and Losing Chinese Labor

Originally posted on youtube on May 21, 2022.

Tianjin is now in lock-down: Beijing Punishes Officials for Covid; Tianjin Area Lockdown (Bloomberg, May 25)

In the nearby port city [near Beijing] of Tianjin, where an outbreak in January disrupted global auto giants Toyota Motor Corp. and Volkswagen AG, residents in the central Heping district have been told not to leave their housing compounds or neighborhoods unless necessary and have been encouraged to work from home for three days. 

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