China is risking a big hit to the economy and supply chains with zero-Omicron approach

The Chinese government's unwavering insistence on stamping out any trace of the coronavirus is facing its biggest test yet as authorities grapple with Omicron's quickening spread. And it could cost the world's second largest economy dearly this year.The Covid-19 variant has been cropping up across China in recent days, including in major port cities like Dalian and Tianjin, prompting restrictions