SUPPLY CHAINS in China hit during lockdown

Supply chain and logistic operations out of China are likely to face further pressure over the coming weeks as a series of lockdown measures have been implemented in Shanghai and Shenzhen. The cities, with a population of 17.5 million and a large manufacturing base, may experience lockdown for at least seven days forcing companies to pause manufacturing activities as China deals with its worst outbreak since 2020. Foxconn, which produces products for Apple and Samsung, is the most high profile company that will be affected as the city has told non-essential businesses to close. Many other manufacturers will also be hit by the restrictions. On the transport front, the city is home to several shipping ports, including Yantian, one of the largest container terminals in China.