World's largest electronics market shut down in China

China's southern technology hub of Shenzhen has shut down Huaqiangbei district, home to the world's largest electronics wholesale market, as local authorities strengthened measures to contain a fresh Covid-19 outbreak, causing fresh disruptions to local supply chains.Merchants in the district woke up on Monday to the notice saying that the area will be closed through Thursday. All tenants are required to work from home during the period and take a nucleic acid test every day, according to one of the district's biggest operators, Huaqiang Electronics World, South China Morning Post reports.The suspension of business operations at Huaqiangbei forms part of a series of broader measures initiated by the Shenzhen government on Monday, including putting five other subdistricts in the commercial hubs of Futian and Luohu under lockdown.