Tag: Shenzhen (China)

Wave of Omicron Infections Prompts Lockdowns in China

Chin@Strategy

BEIJING — Several of China’s largest factory cities have ordered a lockdown, halting production of Toyota cars and Apple iPhones. Theaters, cinemas and many restaurants have closed in Shanghai. The northeastern province of Jilin on Monday banned its 24 million residents from leaving the province or traveling between cities. China is grappling with its largest surge of Covid-19 infections since the coronavirus first emerged more than two years ago in central China. Sustained outbreaks in two-thirds of the country’s provinces are proving the toughest test yet of China’s zero-tolerance coronavirus…

Supply Chain Woes Could Worsen as China Imposes Covid Lockdowns

Chin@Strategy

WASHINGTON — Companies are bracing for another round of potentially debilitating supply chain disruptions as China, home to about a third of global manufacturing, imposes sweeping lockdowns in an attempt to keep the Omicron variant at bay. The measures have already confined tens of millions of people to their homes in several Chinese cities and contributed to a suspension of connecting flights through Hong Kong from much of the world for the next month. At least 20 million people, or about 1.5 percent of China’s population, are in lockdown, mostly…