![China's Lockdowns Mute Demand](https://cdn.statically.io/img/images.ctfassets.net/rbl6nw8n2c6i/5SpDp3LPfoBswCbqUwkjNH/49d8ce853c061a75ed9e5540723887d9/Instagram-StoryCovers-30.11.png)
China's Lockdowns Mute Demand
China's manufacturing activity shrank into contracting to a 7-month low, stung by zero-covid policy and rising infections. Asian markets rallied as traders welcomed easing restrictions in the wake of rare protests across the country.