Covid curbs bite at Chinese ports, threatening global supply chains


Source: malaysianow.com malaysianow.com

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The queues of container ships outside major Chinese ports are lengthening by the day as Covid-19 outbreaks in manufacturing export hubs threaten to unleash a fresh wave of global supply chain shocks, ship owners, logistics firms and analysts say. China is experiencing its biggest spike in Covid-19 infections since an initial outbreak in the central city of Wuhan was contained in early 2020. The spread of the highly-infectious Omicron variant this month has led to movement controls across China, including in key manufacturing hubs of Shenzhen and Dongguan, paralysing factories making goods from flash drives to car parts. While China’s...