From Sneakers to Teslas, China Lockdowns Upend Global Supply Chains
Supply-chain chaos is expected to worsen as the impact on companies and consumers starts to ripple across the globe.
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The economic consequences from China’s Covid-19 lockdowns are starting to be felt by companies and consumers across the globe, and expectations are that the reverberations will only get stronger.
Supplies of Adidas sneakers and Bang & Olufsen speakers have been hit. Automakers from Toyota to Tesla are facing “unprecedented” costs and production hurdles. Sony is struggling to make enough PlayStations.