Chinese anti-virus lockdowns add to concerns over economy


Source: NPR

 

BEIJING (AP) — China's lockdowns of big cities to fight coronavirus outbreaks are prompting concern about more disruptions to global industries after two makers of processor chips said their factories were affected.

That has added to unease about the omicron variant's global economic impact. Analysts warn Vietnam, Thailand and other countries important to manufacturing chains might impose anti-disease measures that would delay deliveries.

"Lockdowns in China are already causing disruptions," economists at Nomura said in a report Friday.


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LINK:
https://www.npr.org/2022/01/07/1071188267/chinese-anti-virus-lockdowns-add-to-concerns-over-economy