Prolonged lockdown in China will exacerbate already volatile supply chains
With workers confined to homes or quarantine facilities, disruptions are inevitable
Add BT as a preferred source
Singapore
POTENTIAL price hikes and delays are on the cards for already-battered supply chains even as China keeps its ports open, eases lockdown rules and initiates bubbles to allow production to continue.
A key chokepoint is the manpower shortage, as residents are redirected to quarantine facilities or confined to homes as part of lockdown measures.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Singapore developer in limbo after Timor-Leste scraps major township project
Troubled platform UCars founded by group of dealers wound up on S$4 million debt
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think
