News Snapshot:
Authors: Qingjiang Kong, China University of Political Science and Law and Weihuan Zhou, UNSW China’s zero-COVID-19 policy has had profound impacts on global supply chains due to the large-scale lockdown of major cities that would have been unimaginable before the pandemic. COVID-19-related restrictions have caused a severe decline in China’s manufacturing capacity, logistics and human mobility, as well as business and consumer confidence. China is a major supplier of a variety of commodity goods , intermediate goods for manufacturing and consumer goods. The loss of its manufacturing and logistics capacity has contributed to an ongoing shortage of supply in interdependent...
