Potential Disruption at multiple ports in China due to COVID outbreaks

March 16, 2022

Chinese authorities on Tuesday tightened anti-virus controls at ports, raising the risk of trade disruptions, after some auto and electronics factories shut down as the government fights coronavirus outbreaks…..Economists say for now, smartphone makers and other industries can use factories and suppliers in other parts of China. But a bigger threat looms if business is disrupted at ports in Shenzhen, Shanghai or nearby Ningbo. They link Chinese factories that assemble most of the world's smartphones and computers, as well as medical devices, appliances and other goods, with foreign components suppliers and customers. A one-month slowdown at Shenzhen's Yantian Port last year caused a backlog of thousands of shipping containers and sent shockwaves through global supply chains.

This is an excerpt from the CBC article: https://www.cbc.ca/news/world/china-covid-pandemic-trade-1.6385206

Topic(s)

Freight & Transport

Information source

Canadian News Channel

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