Taipei, Dec. 2 (CNA) Shares in Taiwan moved lower Friday after fluctuating in consolidation mode ahead of the release of the U.S. job data later in the day.
China is struggling to contain an outbreak of Covid-19 in Shanghai despite a 17-day lockdown that is keeping most of its 25 million residents trapped at home.
3 reasons Shanghai s lockdown matters to the global economy krdo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from krdo.com Daily Mail and Mail on Sunday newspapers.
China s unwavering commitment to stamping out COVID by locking down big cities such as Shanghai threatens to deal a hefty shock to its vast economy, place more strain on global supply chains and further fuel inflation.
we ll show you how break downs in every step of the process have led to shipping delays for you. this is the iphone, even running shoes. eson precision, they make components for the iphone. they had to shut down due to both health concerns and power issues. this is not the only factory in china that had the issues. but this is one that impacted the iphone. there s your delay in manufacturing the iphone. now, they get the iphone done and they re putting it on a container ship. guess what s happening as we ve seen this pent-up demand? the amount of cargo being sent from china to the united states is up some 27%. that s led to quite the backlog of big container ships outside on the west side of l.a. let s say you get the container ship empty. you ve got to actually take that from the ports to the store shelves, whether it s your apple store, t-mobile, sprint, at&t, et cetera. with very a huge truck driving issues.