News Snapshot:
The rise in Covid-19 cases in China has led Beijing to reconfine several cities, like Shenzhen. Foxconn, which produces the iPhone for Apple, has announced the suspension of its activities in this megalopolis in southeastern China. The Covid-19 pandemic continues to disrupt the semiconductor industry. If the situation is improving in Europe, it is getting more complicated again in Asia, especially in China, a follower of the “zero Covid” policy. The recent rise in cases in the Middle Kingdom has led Beijing to reconfine several cities in the country, like Shenzhen and its 17 million inhabitants. Bad news for the...
