Covid cases in China hit record high

World Business Report - Podcast autorstwa BBC World Service

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Daily Covid cases in China soar to record high since the pandemic began, despite the government's intense strategy of lockdowns and mass testing to prevent infections. We hear from residents about the current situation in the capital, Beijing, where there's been a renewed surge in cases. Also in the programme, we take a look at the latest developments in the European Union, where members are struggling to agree on a price cap to gas imports. Zimbabwe has vowed to double government spending in 2023, as the government says the country is now emerging from a recession. We explore how authorities are dealing with high levels of inflation and debt. JCPenney's Chief Marketing Officer explains why Black Friday is important to retailers the US amid the current cost of living crisis.

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