China Partially Closed a Port Because of Covid, Raising Fears of New Supply Chain Disruptions


Source: barrons.com barrons.com

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Covid infections disrupted China's Shenzhen port, seen here, in June. AFP via Getty Images One of the world’s busiest ports partially closed on Friday after an employee tested positive for Covid019. The closure is raising fears of new disruptions to world trade that could slow the global economy’s recovery. Meishan, a key terminal at China’s Ningbo-Zhoushan port, closed indefinitely Friday after a 34-year old worker was diagnosed Tuesday with coronavirus. Local authorities said that all of the terminal’s inbound and outbound traffic had been suspended under further notice. The port—one of the world’s busiest by container volumes—is crucial to Chinese...