supply chains

Lockdown Fatigue: Chinese Companies Moving Supply Chains out of China

The Chinese technology company Xiaomi announced the delivery of its first made-in-Vietnam phone handsets this week, the South China Morning Post revealed on Thursday, the latest Chinese company to move manufacturing power out of its home country in light of the Communist Party’s seemingly endless Chinese coronavirus lockdowns.

This photo taken on April 5, 2022 shows people wearing personal protective equipment (PPE) as they transfer daily food supplies and necessities for local residents during the Covid-19 lockdown in Shanghai. - China OUT (Photo by AFP) / China OUT (Photo by STR/AFP via Getty Images)

China Claims Widespread Lockdowns Will Help Global Economy

China’s state-run Global Times on Thursday claimed outsiders misunderstand Beijing’s increasingly bizarre “dynamic zero-Covid” strategy, and fail to appreciate how China is somehow saving the global economy tomorrow by brutally locking down cities, shuttering factories, and snarling supply chains today.

A woman crosses a nearly empty road in the Central Business District days after the local government issued a work from home directive in an effort to contain a COVID-19 outbreak on May 12, 2022 in Beijing, China. China is trying to contain a spike in coronavirus cases in the …