Businesses struggling with the fallout from the invasion of Ukraine are facing further disruption to their supply chains as China imposes lockdowns to halt a fresh outbreak of Covid-19.
Manufacturers in China have warned of shipment delays for products ranging from circuit boards to touchscreen components after controls were introduced to try to halt an Omicron variant. Reported Covid cases in China reached a two-year high of 3,507 yesterday.
China has ordered non-essential workers to stay at home in Shenzhen, the technology and manufacturing hub that is home to Yantian, one of the busiest container ports in the world. The city, close to the Hong Kong border, is due to remain under tight restrictions until Sunday.
Shanghai has entered a partial shut down, where residents
