LOCKDOWN IN CHINA PUTS GLOBAL TRADE IN CRISIS
The Decision of the Chinese government to put entire cities in lockdown after the discovery of a few dozen positive cases of coronavirus (the so-called “zero-Covid strategy”) is worsening the crisis of the “supply chain”. The lockdowns, which are affecting cities of millions of people, have already caused the closure or slowdown of the production of international companies that have factories in China, and have aggravated the delays of maritime shipments, on which much of global trade is based.
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