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Chinese anti-virus lockdowns add to concerns over economy

China’s lockdowns are prompting concerns about future disruptions to the global supply of processor chips. ....

United States , Republic Of , Shelly Jang , Fitch Ratings , Samsung Electronics , Micron Technologies Ltd , Micron Technologies , Communist Party , Ap News , Chinas Lockdowns Of Big Cities To Fight Coronavirus Outbreaks Are Prompting Concern About More Disruptions Global Industries After Two Makers Processor Chips Said Their Factories Were Affected That Has Added Unease The Omicron Variants Economic Impact Analysts Warn Vietnam , Hailand And Other Countries Important To Manufacturing Chains Might Impose Anti Disease Measures That Would Delay Deliveries Lockdowns In China Are Already Causing Disruptions , Conomists At Nomura Said Ina Report Friday The Chinese Economy Already Was Cooling Under Pressure From Unrelated Official Efforts To Force Real Estate Developers And Other Companies Reduce Surging Debt That Fueled Chinas Boom Over Past Two Decades Biggest City In Latest Lockdowns Is Xi An , A Metropolis Of 13 Million People In The West It Is Less Significant Asa Manufacturer Than Wuhan , He Central City That Shut Down In 2020 After The First Coronavirus Cases Were Spotted There But Xi An Has Factories Make Processor Chips For Smartphones , Uto Parts And Other Goods For Global Chinese Brands Samsung Electronics Micron Technologies Ltd Say Their Factories In Xi An Are Affected But They Trying To Minimize Disruptions By Drawing On Production Networks Said Some Deliveries Might Be Delayed Those Make Dram Nand Memory Chips Used Smartphones , Ersonal Computers And Services Xi An Accounts For 42 Of Samsungs Nand Production 15 Global Supply , Ccording To Shelly Jang Of Fitch Ratings Samsung Makes About One Third Such Chips The Lockdown Will Negatively Affect Nand Flash Supply , F It Is Prolonged Further , Ang Said In An Email The Situation Adds More Uncertainty To Supplies Authorities Also Have Cut Off Access Parts Of Ningbo , South Of Shanghai , Ne Of The Worlds Busiest Ports That Is Slowing Freight Handling And Has Potential To Raise Already High Shipping Costs Yuzhou , A City Of 1 2 Million In The Central Province Henan , As Locked Down Thursday Access To Yongji In Neighboring Shanxi Province Was Suspended And Mass Testing Ordered After Traces Of The Virus Were Found Ata Train Station Ruling Communist Partys Intensive Controls On Travel Business Undera Zero Covid Strategy That Aims Keep Out China Have Held Numbers New Infections Relatively Low Friday , He Government Reported 174 New Cases Nationwide , 7 Of Them In Xi An And 56 Henan Province Contrast To The United States Other Governments That Have Tried Minimize Economic Impact Anti Virus Controls , He Zero Covid Strategy Is Imposing High Costs Beijing Took The Then Unprecedented Step Of Shutting Down Most Worlds Second Largest Economy Last Year To Fight Virus Economic Growth Rebounded After Factories ,