Global supply chain disaster brewing as manufacturing CLOSED
May 3, 2022 20:09:37 GMT -5
Post by OmegaMan on May 3, 2022 20:09:37 GMT -5
Global supply chain disaster brewing as wide swaths of manufacturing CLOSED in China due to pandemic-related shutdowns
Tuesday, May 03, 2022 by: JD Heyes
Tags: cargo delays, chaos, China, closed ports, Collapse, covid-19, economic collapse, economy, factory closure, food shortages, lockdowns, manufacturing, ports, scarcity, shipping delay, supply chain, supply chain collapse, supply chain crisis
This article may contain statements that reflect the opinion of the author
(Natural News) The world’s supply chain was severely disrupted by lengthy lockdowns during the COVID-19 pandemic imposed by almost every nation on earth, but the lockdowns that hurt the worst were those in China.
That’s because the West long ago surrendered much of its manufacturing capability to China where labor is cheaper and the Chinese government cares next to nothing about environmental concerns.
But now, even as the global supply chain is teetering on the edge of collapse, it’s about to get even worse, according to a report by The Wall Street Journal — and again, COVID-19 is the culprit:
Manufacturers are struggling to keep some of their China operations going as extended and widening Covid-19 lockdowns choke off supplies and clog up truck routes and ports, heaping more pressure on the stretched global supply chain.
Stringent government measures to contain the country’s Covid-19 outbreak, the worst in more than two years, are locking down tens of millions of people, mostly in and around the industrial heartland of Shanghai. The curbs are keeping many workers at home, restricting output at some factories and closing others, including component makers for Apple Inc. and Tesla Inc.
The paper said that Tesla suspended work at its manufacturing plant in Shanghai on March 28 and the company still has not announced a date for restarting it, according to sources. As such, the electric vehicle maker said that it has implemented COVID -19 controls and requirements per the Chinese government and is also setting work arrangements.
Continued at link
Tuesday, May 03, 2022 by: JD Heyes
Tags: cargo delays, chaos, China, closed ports, Collapse, covid-19, economic collapse, economy, factory closure, food shortages, lockdowns, manufacturing, ports, scarcity, shipping delay, supply chain, supply chain collapse, supply chain crisis
This article may contain statements that reflect the opinion of the author
(Natural News) The world’s supply chain was severely disrupted by lengthy lockdowns during the COVID-19 pandemic imposed by almost every nation on earth, but the lockdowns that hurt the worst were those in China.
That’s because the West long ago surrendered much of its manufacturing capability to China where labor is cheaper and the Chinese government cares next to nothing about environmental concerns.
But now, even as the global supply chain is teetering on the edge of collapse, it’s about to get even worse, according to a report by The Wall Street Journal — and again, COVID-19 is the culprit:
Manufacturers are struggling to keep some of their China operations going as extended and widening Covid-19 lockdowns choke off supplies and clog up truck routes and ports, heaping more pressure on the stretched global supply chain.
Stringent government measures to contain the country’s Covid-19 outbreak, the worst in more than two years, are locking down tens of millions of people, mostly in and around the industrial heartland of Shanghai. The curbs are keeping many workers at home, restricting output at some factories and closing others, including component makers for Apple Inc. and Tesla Inc.
The paper said that Tesla suspended work at its manufacturing plant in Shanghai on March 28 and the company still has not announced a date for restarting it, according to sources. As such, the electric vehicle maker said that it has implemented COVID -19 controls and requirements per the Chinese government and is also setting work arrangements.
Continued at link