China’s Supply Chain Is Crippled By Lockdowns.

In an effort to curb the spread of COVID-19, the Chinese capital Beijing closed dozens of metro stations and bus lines on Wednesday. According to the latest projections and statistics, the Chinese regime’s unrelenting struggle against the coronavirus, which is thought to have arisen in Wuhan city in late 2019, is weakening its growth and affecting multinational enterprises investing there. Late on Tuesday, the central city of Zhengzhou, home to 12.6 million people and a Foxconn factory, declared work-from-home and other COVID-19 restrictions for the following week, joining dozens of other major towns under some sort of lockdown. According to service providers, the capital shut down more than 60 metro stations, or around 15% of the network, as well as 158 bus lines. The Chaoyang area, the heart of Beijing’s outbreak, has the majority of the stopped stations and routes. … Continue reading China’s Supply Chain Is Crippled By Lockdowns.