Today news
About the same in other media
28.01 - 12:33
China Covid-19 Lockdowns Hit Factories, Ports in Latest Knock to Supply Chains
Reading now: 901
HONG KONG—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.
The prospect of continued disruptions in the world’s second-largest economy, which has a zero-tolerance strategy for combating the pandemic, is heightening fears that the disruptions will ripple through the global economy. Already, companies including memory-chip maker Samsung Electronics Co., German auto maker Volkswagen AG and a textiles company that supplies Nike Inc. and Adidas AG are suffering production hitches.
Read more on wsj.comAbout this in other media
China's new rules on overseas IPOs will apply to Hong Kong, securities regulator says cnbc.com /2 years ago
IMF Says China’s Economic Imbalances Have Worsened wsj.com /2 years ago
Helena Morrissey: The City must stop its China expansion fnlondon.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
