News Snapshot:
Amazon and Walmart customers face delays due to COVID restrictions in some of China’s major manufacturing hubs, according to an industry trade group, Bloomberg reported Tuesday (March 15). The location of half of China’s online retail exporters in Shenzhen was recently placed in a lockdown to contain the spread of COVID. In Dongguan, a center for shoe, textile and toy manufacturing, factories that reported COVID cases were told to close. More than 17 million residents were instructed to telecommute, and non-essential businesses and public transportation were shuttered. “Shenzhen now has pressed the pause key, with operations halted for almost all...
