World economy faces supply hit as China battles COVID again

A resident undergoes a nucleic acid test for the COVID-19 coronavirus Monday in Shenyang, in China’s northeastern Liaoning province. (STR/AFP via Getty Images/TNS)

The global economy — already struggling with war in Ukraine and the stagflation risks it’s fanning — is bracing for greater disruption as China scrambles to contain its worst outbreak of COVID-19 since the pandemic began.