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Beijing’s endless lockdowns are causing shortages for western firms such as Apple, and it may not be long before they move their supply chains elsewhereThe anti-lockdown unrest gripping China has forced the authorities in Beijing to respond by easing s…
Read MoreStoppage by drivers is preventing the flow of key components in the tech industry and could add to global supply chain problemsA week-long strike by truck drivers in South Korea threatens to be the latest bottleneck in the global supply chain after ind…
Read MoreHuawei executive warns of ‘massive losses’ in tech sector as tensions rise over strict lockdownsA top Huawei executive has broken ranks to warn that China’s stringent zero-Covid policy may trigger “massive losses” for the tech industry, putting the cou…
Read MoreAnalysis: From Pakistan to the US, Australia to Germany, the cost of living is rising to new highs and causing new hardshipsUS inflation reaches 40-year high at 7.5%Rolling coverage of the latest economic and financial newsAfter decades lurking in the …
Read MoreTo get on to shelves, Chinese-made items must overcome shortfall in electricity and workers, as well as shipping crisisAt a toy factory in south-east China, boxes of plastic dart guns are stacked across the floor. Sometimes, so many packages pile up th…
Read MoreFrom China backtracking on coal to Britain’s ‘chicken king’ calling for a rethink of food production, the virus has accelerated nationalist impulses towards autarkyWhen Xi Jinping promised the world’s movers and shakers in January 2017 that China would…
Read MoreFactories were closed to avoid exceeding limits on energy use imposed by Beijing to promote efficiencyWidening power shortages in China’s north-east have left homes without power and halted production at numerous factories, while some shops operated by…
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