Asian stocks down as Covid surge in China spooks investors
Hong Kong (AFP) Dec 29, 2022
Asia-Pacific stocks fell on Thursday as the Covid surge in China cast a shadow over markets across the region. Investors had cheered the easing of China's strict zero-Covid controls - which had hammered the world's second-largest economy - but are now worried about the impact of the outbreak on global supply chains and inflation. The United States, Japan and Italy have imposed restrict