Congestion at China's Largest Port Triggers More Supply Chain Worries
The pandemic has disrupted supply chains, causing product shortages and pushing up inflation. As the Omicron wave spreads, the situation is expected to
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The pandemic has disrupted supply chains, causing product shortages and pushing up inflation. As the Omicron wave spreads, the situation is expected to
The spread of the Omicron variant of the coronavirus is interfering with operations at the world's largest port in Shanghai. The increase of
With COVID-19 flaring up across China, major manufacturers are shutting factories, ports are clogging up and workers are in short supply as officials impose city lockdowns and mass testing on a scale unseen in nearly two years.
(Bloomberg) -- An omicron outbreak in China is sending jitters through supply chains as manufacturers and shippers brace for disruption inside the world’s-biggest trading nation if it can’t contain the fast-spreading variant.
Beijing’s ‘COVID zero’ strategy meant factories stayed open, but if tougher restrictions are needed there will be knock-on effects at Chinese ports and factories.