Shanghai Covid scare raises spectre of further lockdown disruption
With mass testing again underway, there are renewed fears that Shanghai could go back into ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
China’s whack-a-mole policy on Covid has seen parts of Shanghai and Beijing lockdown once more. The new localised lockdowns are not affecting global trade, but the policy of zero-Covid means it’s likely that there will be continued disruption in the country – probably for some time to come. Nevertheless, authorities are keen to restart trade and have been holding meetings with foreign companies to reassure them, reports Reuters.
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