China’s zero-Covid policies are gone, but will their supply chains improve?
🇨🇳 China’s zero-Covid policies are gone, but will their supply chains improve?
The growing public protest forced China and President Xi Jinping to pull back on the forced quarantines and factory lockdowns, but it remains to be seen if it’s too little too late for China’s global supply chain. While China struggled to deal with the Covid-19 crisis like so many other countries, some have criticized the country’s strict and nearly three-year-long response that nearly crippled supply chains across the world. The future of China’s status as a manufacturing hub is now in jeopardy as the West continues to trend its near-shoring and re-shoring efforts.
Featured
A top cybersecurity firm, ESET, has uncovered Chinese hacking attempts in the European cargo shipping industry, marking the latest instance of China-aligned groups infiltrating Western economic infrastructure.