The United States is monitoring the lockdowns imposed in the central Chinese city of Anyang and assesses that they are likely to have an impact isolated to the Chinese market, US National Economic Council Director Brian Deese said during a White House press briefing.
"With respect to China specifically and the current moment, we're monitoring it very closely. As we assess the issue today, the lockdowns are most likely to have an effect isolated in China, because the production facilities in those geographies are principally suppliers to the Chinese market," Deese said on Wednesday.
The Chinese government imposed lockdowns in Anyang, Henan province following the emergence of Omicron COVID-19 variants in the city, which has a population of over 5 million people.
The lockdown duration is yet to be announced and will be declared separately at a future date.
Anyang is the second Chinese city to announce cases from the Omicron variant, following reported cases in Tianjin in December. Taiwan and Hong Kong have also reported Omicron cases.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU