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CNBC: No Respite for China’s Stressed Out Supply Chains

Written by Atul Vashistha

Covid-zero Supply Chain Disruptions China
As China pushes ahead with its zero-Covid strategy, lockdowns and curbs in the largest port hubs and major cities across the country are causing a backlog in some of China’s major ports.

Add to it the extended Lunar New Year holiday in China, air freight rates have already spiked and some shipping firms have suspended services, putting the spotlight on overwhelmed supply chains again.

Atul Vashistha, Chairman and CEO, Supply Wisdom, shares his views on how China’s aggressive zero Covid policies will continue to affect supply chains.