China’s cities are running out of cash to pay huge Covid lockdown bills

Protests this week across China show just how unpopular Beijing’s zero-Covid policy has become. Now, even as the country signals it may loosen pandemic controls, it faces another challenge: Local governments charged with conducting mass testing and enforcing quarantine are running short of cash and could be forced to cut corners or reduce other vital services.

https://www.cnn.com/2022/12/02/economy/china-zero-covid-sustainability-debt-woes-intl-hnk/index.html