China Lockdowns Impeding Supply Chain Recovery, Slowdown Risks Spillovers, Yellen Says Investing News


Source: usnews.com usnews.com

Key Topics in this News Article:

News Snapshot:

U.S. Treasury Secretary Janet Yellen speaks during a news conference, after attending the G7 finance ministers meeting, at Winfield House in London, Britain June 5, 2021. Justin Tallis/Pool via REUTERS/File Photo Reuters BONN, Germany (Reuters) -U.S. Treasury Secretary Janet Yellen said on Wednesday that COVID-19 lockdowns in China appear to be impeding the flow of goods and hampering global supply chains and a broader slowdown in growth in the world's No. 2 economy could have global spillover effects that warrant close attention. "Certainly the lockdowns look like they are impeding the production and flow of goods and services, given how...