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No respite for China’s stressed out supply chains as Covid-zero and new year holidays take a toll
CNBC ^ | 1/24/2022

Posted on 01/24/2022 6:17:23 AM PST by EBH

It comes as China pushes ahead with its zero-Covid strategy — which means a recent spike in infections has resulted in lockdowns and curbs in the largest port hubs and major cities across the country.

“Although ports are still open, current restrictions – like mandatory quarantines and testing – continue to slow down transport and cause delays,” Atul Vashistha, founder and chairman of supply chain consultancy Supply Wisdom, told CNBC.

China’s key priority right now is to limit the spread of Covid cases ahead of next month’s Winter Olympics and the upcoming Lunar New Year, he added. However, the ensuing curbs at ports have also let to some “chaos.”

“Products are piling up while ships are banned entry. Between negative PCR-test requirements and last-minute re-routing, 2022 is starting off like 2021 ended – chaos,” Vashistha said referring to polymerase chain reaction Covid tests.

Cases have been reported in the key port cities of Shenzhen, Tianjin and Ningbo, as well as the industrial hub of Xi’an, sparking lockdowns and other curbs.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events; Unclassified
KEYWORDS:

1 posted on 01/24/2022 6:17:23 AM PST by EBH
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To: EBH

It’s to get us used to living with less.


2 posted on 01/24/2022 6:23:31 AM PST by BusterDog
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To: EBH

Looks like NBC is concerned about its commie buddies.


3 posted on 01/24/2022 6:26:06 AM PST by Herakles (Diversity is applied Marxism )
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To: EBH

CCPs lockdown on global economy….nothing, whatsoever, to do with health or safety.


4 posted on 01/24/2022 6:26:24 AM PST by Jane Long (What we were told was a “conspiracy theory” in 2020 is now fact. 🙏🏻 Ps 33:12 )
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To: EBH

“Covid-zero”

All the taste, and no calories.


5 posted on 01/24/2022 6:31:34 AM PST by Larry Lucido (Donate! Don't just post cliclicckbait!)
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To: EBH
--- "China's key priority right now is to limit the spread of Covid cases ahead of next month's Winter Olympics and the upcoming Lunar New Year, he added."

CNBC is pushing the CCP pretense. As to that "zero-Covid strategy," it involves lying over more than two years now. Data:

China Covid as of 21 January 2022:

4,849 deaths in two years -- https://coronavirus.jhu.edu/region/china

4,636 deaths in two years -- https://www.worldometers.info/coronavirus/#countries

4,849 deaths in two years https://www.statista.com/topics/5898/novel-coronavirus-covid-19-in-china/#dossierKeyfigures

My favorite: • Reported deaths due to COVID-19 in the last week decreased to 0 per day on average compared to 0 the week before (Figure 3.1). • Total deaths due to COVID-19 in the last week decreased to 0 per day on average compared to 0 the week before (Figure 3.1). This makes COVID-19 the number 122 cause of death in China this week (Table 1). Estimated total daily deaths due to COVID-19 in the past week were 1 times larger than the reported number of deaths. • No locations had daily reported COVID-19 death rates greater than 4 per million (Figure 4.1). • No locations had daily total COVID-19 death rates greater than 4 per million (Figure 4.2). • We estimate that 0% of people in China have been infected at least once as of January 10 (Figure 6.1). Effective R, computed using cases, hospitalizations, and deaths, is greater than 1 in 4 countries. (Figure 7.1).

https://www.healthdata.org/sites/default/files/covid_briefs/6_briefing_China.pdf

I suspect the "data" dutifully repeated by all the "big players" in this hoax is for one purpose. The CCP wants the rest of the world to continue to be panicked into adopting mandatory lockdowns, "fascistic" vaccine passports and mandatory injection of experimental drugs 'for fun and profit' to the few who have been annointed with legal liability shields.

CNBC has become CCPNBC....

6 posted on 01/24/2022 6:33:25 AM PST by Worldtraveler once upon a time
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To: EBH
It comes as China pushes ahead with its zero-Covid strategy

So, from few freedoms to zero freedoms?

7 posted on 01/24/2022 6:36:59 AM PST by libertylover (Our BIGGEST problem, by far, is that most of the media is hate & agenda driven, not truth driven.)
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To: EBH

China always seems to shut down for several weeks around their New Year, which is Feb 1, 2022.


8 posted on 01/24/2022 6:41:46 AM PST by Yo-Yo (Is the /sarc tag really necessary?)
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To: EBH

It would be sweet justice if in the long run The Wuhan Flu bankrupted China.

Too bad we will be bankrupt first. Of course telling China we will no linger feel obligated to pay interest on their bonds since they cost us so much & the onshoring of our manufacturing would put the nail in the coffin. Joe Biden won’t do it. Trump would have,


9 posted on 01/24/2022 6:52:30 AM PST by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign! )
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To: EBH

And yet the conclusion that our economies should be delinked never arises...


10 posted on 01/24/2022 7:25:30 AM PST by glorgau
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To: EBH

I needed some prepper stuff and looked for USA made stuff. It is out there and delivered rather quickly. More expensive, but it didn’t depend on the Chinese supply issues.


11 posted on 01/24/2022 7:39:52 AM PST by wbarmy (I chose to be a sheepdog once I saw what happens to the sheep.)
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