Lockdowns across China’s Zhejiang province have prompted multiple factory closures, and new restrictions have been placed on trucking.
China reported new Covid cases in Tianjin and Guangzhou this week, including the Omicron variant, but the outbreak in Zhejiang, another major manufacturing heartland, remains the most serious.
For example, 20 listed companies operating in the province have suspended operations, according to Reuters, including battery, textile and pharmaceutical manufacturers.
They include those in Ningbo’s Zhenhai …

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Source: The Loadstar