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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSupply Chain Woes Could Worsen as China Imposes Covid Lockdowns
WASHINGTON Companies are bracing for another round of potentially debilitating supply chain disruptions as China, home to about a third of global manufacturing, imposes sweeping lockdowns in an attempt to keep the Omicron variant at bay.
The measures have already confined tens of millions of people to their homes in several Chinese cities and contributed to a suspension of connecting flights through Hong Kong from much of the world for the next month. At least 20 million people, or about 1.5 percent of Chinas population, are in lockdown, mostly in the city of Xian in western China and in Henan Province in north-central China.
The countrys zero-tolerance policy has manufacturers already on edge from spending the past two years dealing with crippling supply chain woes worried about another round of shutdowns at Chinese factories and ports. Additional disruptions to the global supply chain would come at a particularly fraught moment for companies, which are struggling with rising prices for raw materials and shipping along with extended delivery times and worker shortages.
China used lockdowns, contact tracing and quarantines to halt the spread of the coronavirus nearly two years ago after its initial emergence in Wuhan. These tactics have been highly effective, but the extreme transmissibility of the Omicron variant poses the biggest test yet of Chinas system.
https://www.msn.com/en-us/money/news/supply-chain-woes-could-worsen-as-china-imposes-covid-lockdowns/ar-AASQ3ii
Sherman A1
(38,958 posts)Or could not. News reports that include a could in the headline are nothing more than speculation. The entire cable noise infotainment drama TV thing is worse than worthless.
Alexander Of Assyria
(7,839 posts)Sherman A1
(38,958 posts)Or where is that negative story whatever the topic that makes the Democrats look bad.