The side-effect of the zero covid policy in Asia…

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BOJ Policymaker Warns of Global Impact From Chip Crunch, Asia Factory Closures

A shortage of semiconductor chips may persist for the rest of this year if the coronavirus pandemic keeps Southeast Asian factories shut, a Bank of Japan policymaker said, highlighting supply constraints as among key risks to the global economy.

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The World Economy’s Supply Chain Problem Keeps Getting Worse

A supply chain crunch that was meant to be temporary now looks like it will last well into next year as the surging delta variant upends factory production in Asia and disrupts shipping, posing more shocks to the world economy.Manufacturers reeling from shortages of key components and higher raw material and energy costs are being forced into bidding…

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