As China battles the Omicron variant with zero-Covid restrictions, the global supply chain faces the impact of shutdowns, quarantined mandates, and heavily controlled borders. Container shortage, trucking suspension in COVID-affected areas, and subsequent port congestion have greatly impacted transportation and shipping. Manufacturing and production have taken a hit, with several industry giants in the high-tech industry reporting a negative impact on chip manufacturing.
The new travel restrictions have also made it difficult for the travel and tourism industry. On one hand, extensive testing and stricter quarantines have slowed down the Omicron spread while on the other hand, limiting the country’s exports. Our special report throws light upon multiple region lockdowns in China and the subsequent disruptions in the supply chain.