Chinese New Year to Worsen Supply Chain Woes

Don Ma
By Don Ma
January 27, 2022NTD Business
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The supply chain is expected to get worse in the following weeks because of two upcoming events in China: the Chinese New Year and the Winter Olympics.

Nearly 100 million passengers traveled in China during the new year holiday last year. And now with Omicron and the Olympics, Beijing is tightening its “zero-COVID” policy with more lockdowns—and that’s increasing supply chain challenges.