Were these not the same voices that said it was OK to rely on China and to not worry how much formerly American business was migrating there?
That’s OK. In China, they’ll simply take the overflow patients out and shoot them.
This is one way to eliminate the backlog of container ships sitting offshore...and the glut of empty cargo containers that have accumulated at various US ports. Before you know it, the USA will be shipping containers full of “tchotchke” to China.
Stateside container housing market hit the hardest...
Shouldn’t have all your factories in the same hellhole
What’s that saying about putting all your eggs in one basket?
I don’t care about news from CHIN-UH. I don’t believe anything from the fake news anymore.
America having anything whatsoever “important” in China means we’re doing something very wrong.
There! Fixed it.
(From the article): "(T)he surge in Covid-19 cases in China is impacting the completion of manufacturing orders, according to CNBC Supply Chain Heat Map data.
Logistics managers are warning clients that because of the spike in infections, factories are unable to complete orders
— even with U.S. manufacturing orders from China already down 40% due to an unrelenting demand collapse.
Orders for ocean bookings continue to be softer according to SONAR Data. "
“With 1/2 or even 3/4 [of the] labor force being infected and not able to work, many China manufacturers can not operate properly but produce less than their optimal outputs,”
Hong Kong-based shipping firm HLS wrote in a note to clients.
“The container pickup, loading, and drayage (trucking) are also affected as all businesses are facing the impacts of COVID.
We expect a very soft volume after the Lunar New Year because a lot of factories have slowed production due to the increasing infection,
and have to cancel or delay the bookings for the 2nd half of January and also early February.”
"HLS also noted that “All indications that the Chinese cities are experiencing infection peaks is based on the surge of infected family members,
friends, and colleagues, the long lines at the fever clinics at hospitals across the country.”
Three major ports across China are experiencing supply chain delivery problems because of Covid, according to the note.
Anecdotal information: one of my daughter’s classmates is from the PRC here on a student visa. Her entire family is apparently sick and her grandfather was admitted to the ICU - all this happened within the past 2 weeks.
I find it curious that things have changed this quickly in the PRC - they only started lifting constraints in the past 3 weeks or so. Personally, I think they are detecting the common cold or the flu and not a (duh duh duuuuuuuuh) Covid-19 variant.
Nice to know we have people in control that have sold us all out
Do you realize how obscenely absurd that is?