Three Omicron subvariants are behind the current waves of COVID-19 in China and Southeast Asia, which may cause severe symptoms even among vaccinated people who have not had a booster shot.
Thailand Spent $12.6 Billion to Handle COVID-19 Pandemic
From 2020 to 2022, the government covered the cost of treatment and vaccinations for all citizens, with the majority of the funding coming from the annual budget.
Year in Review: Rollback of pandemic restrictions fuelled growth
An easing of Covid-19-related restrictions and shifting supply chains have bolstered growth in Asia, even as inflation and climate change generate significant headwinds.
How will China’s economic slowdown affect emerging markets?
A Chinese economic slowdown, particularly in the industrial sector, could pose challenges for emerging markets, especially those that export a significant amount of goods to China or who rely on Chinese manufacturing inputs.
Will cryptocurrency expansion continue among emerging markets in 2022?
Emerging markets were at the forefront of last year’s massive growth in global cryptocurrency adoption. With this growth widely tipped to continue into 2022, a range of countries will see their crypto markets mature or expand.
China’s zero Covid policy will have significant consequences on tourism in Thailand because Chinese tourists represented an important part of the country’s tourism revenue before the pandemic