Shanghai is the most underreported story in the world right now.
The China lockdown of one of the largest ports in world is causing major logistical issues.
Ht @JasonEBurack https://t.co/JrfSYtSz1Y pic.twitter.com/okeBHFBp7a
— Wall Street Silver (@WallStreetSilv) April 14, 2022
China’s lockdowns could trigger a logistics snarl that may ‘dwarf’ 2020 and 2021
- Many goods are stuck in China at the moment and a “big problem looms” for the global economy, says IMA Asia’s Richard Martin.
- In the last few weeks, China has been battling its most severe Covid outbreak on the mainland since the initial shock of the pandemic in early 2020.
China’s imports unexpectedly fell in March and export growth slowed, with Covid lockdowns disrupting port operations and curbing business activity and spending https://t.co/sqsabbHnQh pic.twitter.com/fjsqoU9S8b
— Win Smart, CFA (@WinfieldSmart) April 14, 2022