News Snapshot:
Beijing [China], May 9 : Due to rising COVID-19 infections in China and the enforcement of the Zero-Covid policy by Xi Jinping, global supply chains have taken a hit as Shanghai is the main export centre of China. In 2021, the port handled 20 per cent of China's freight traffic, local media reported. As a result of the lockdown, many companies were forced to shut down their factories. For example, a lockdown is declared in Changchun city which is a major auto manufacturing hub for brands like Toyota and Volkswagen. Chen Xin, who owns a garment painting factory in Guandong...
