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(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.
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. In 2020 and 2021, China’s “Covid-zero” strategy meant factories could stay open throughout the pandemic to produce everything from…
Synopsis Just a few weeks ago, the bottlenecks at ports from Singapore to Los Angeles and Rotterdam were looking like short-term headaches and added costs during peak season. Now they’re threatening to act more like a brake on the global recovery. iStock In some cases, supply snarls are begetting demand drags: Some factories complain they can’t consider new orders until the clogged pipeline clears. Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade-led recovery just as soaring freight rates make it harde...
Deals, trends and research in structured finance and asset-backed securities for the week of Jan.7-14