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Of staff who don t want to do that and there s a shortage of parts to get these factories reopened. so it s going to be a global problem. reporter: an analyst warns that the economic pain caused by the zero covid strategy could spiral out of control, saying this, quote, implementing the strategy in an excessive manner by itself could lead to disruption on the supply chain, mass unemployment, and then could translate into social, political instability, exactly what the zero-covid strategy wants to avoid, unquote. and yet shanghai s weeks-long lockdown still has no end in sight. the bottom line from china watchers to the world, brace yourselves for the fallout. kristie lu stout, cnn, hong kong. apple hit a record profit in sales in the last quarter, but it s not celebrating. the tech giant shared a grim outlook on thursday. the lockdown in china contributing to the problems apple executives anticipate,
ReporterProblemZero-covidAnalystYou-don-tSpainStaffOut-of-controlPartsFactoriesShortageZeroA big problem so this court case in china between apple and qualcomm is only part of a whole bunch of problems apple is facing in china and of course with who are way and the escalation around you know this chinese tech firm in the u.s. and canada many people on the markets are concerned that the problems for apple and i call an american company in china will even become bigger so what s the meat on the markets in general this morning with aggressive in all the news coming from washington can t be jolly. absolutely not you re right trading remains very shaky very unpredictable because of all you know the political turmoil in many places of the world at the moment here in frankfurt on the trading floor as traders are waiting for the outcome of a decision from the european court of justice which will be about the legality of
UsProblemApplePartCourseChinaCourt-caseChineseProblems-appleBunchEscalationTech-firm