he new Omicron variant adds more uncertainty to the global economic recovery and China will closely follow its potential impact on trade and international supply chains, the Ministry of Commerce said on Thursday.

“In terms of the issues and difficulties facing foreign trade companies, we will review policies in a timely manner and deal with them in a scientific and proper way,” said ministry spokeswoman Shu Jueting.

How the new variant will affect China’s manufacturing sector is not yet clear, but it might be a double-edged sword for exports, according to Capital Economics.

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