Covid-19: China lockdown hits Indian companies

Covid-19: China lockdown hits Indian companies The lockdowns imposed by China to battle another wave of the coronavirus pandemic will disrupt global supply chains and hit Indian steel, automobile, electronics and pharma companies as they are dependent on the imports from China. Analysts said the trade relation between the two nations were buoyant despite the clashes at the Ladakh border. Beijing has imposed tough lockdown measures at its key manufacturing hubs in Shenzhen, Dongguan and Changchun as well as at Shanghai, the home to the world's busiest container port. Beijing on Saturday reported two deaths from the coronavirus, the first…