China lockdowns impeding supply chain recovery, slowdown risks spillovers, Yellen says -Breaking

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BONN, Germany (Reuters). -On Wednesday Janet Yellen, U.S. Treasury Secretary said that China’s COVID-19 lockdowns are preventing goods from flowing and causing delays in global supply chains. This could lead to a slowdown in world growth and a wider impact on the No. The global ripple effects of the COVID-19 lockdowns in China could be serious and should be monitored closely. “Certainly, the lockdowns seem to be impeding production and flow of goods, given their extent and compounding supply chains difficulties that we’ve had that have boosted the prices,” Yellen said at a Bonn press conference. She will meet with...