China’s COVID Lockdown and Impact on Global Economy
Summary
As the world’s key manufacturer, Chinas Covid-19 lockdowns had a huge impact on the global economy, virtually turning things upside down for businesses and industries. Supply disruptions rattled the movement of raw materials and finished goods, and manufacturing activity plummeted to its lowest level ever. From automotive to chemicals and fertilizers, and from textiles to drones, global industries were staring at huge component shortages. This whitepaper will help you know more about:
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- How Covid-19 lockdowns in China led to disruptions for global industries, including semiconductors, computer hardware and software, handsets, coal and rare earths
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- How the scenario in China cast a big shadow on global inflation
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- What factors were impacting the supply chain and to what extent
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