| | | They talk about total destruction of the Dem party. I’m very much against a single party system. It will lead to trouble. I’d prefer the Dems to get badly smacked - and to learn how to become a loyal American political party.
About China… I think they will fail to control the spread of Omicron. Below is a WSJ article about the potential economic problems this may cause. Hopefully, Omicron will prove to be mild (in China as well) - and instead of causing new economic disasters, they’ll choose to ignore it, as just one more viral syndrome, one of many, many others. We shall see.
—————————————————
China Covid-19 Lockdowns Hit Factories, Ports in Latest Knock to Supply ChainsToyota, Samsung and Volkswagen are among companies with production affected as economists warn of more challenging bottlenecks ahead
By , and
Jan. 11, 2022 11:24 am ET
New vehicles were parked near shipping containers at a factory in Shenyang, China, in November.Photo: str/Agence France-Presse/Getty Images
HONG KONG—With Covid-19 flaring up across China, major manufacturers are shutting factories, ports are clogging up and workers are in short supply as officials impose city lockdowns and mass testing on a scale unseen in nearly two years.
The prospect of continued disruptions in the world’s second-largest economy, which has a zero-tolerance strategy for combating the pandemic, is heightening fears that the disruptions will ripple through the global economy. Already, companies including memory-chip maker SamsungElectronics Co., German auto maker Volkswagen AG and a textiles company that supplies Nike Inc. and Adidas AG are suffering production hitches.
Since late December, officials have taken measures to counter Covid-19 outbreaks in several Chinese cities, including the eastern port of Tianjin, Xi’an in central China, and the southern technology hub of Shenzhen. The world’s third-busiest container port of Ningbo-Zhoushan, near Shanghai, risks worsening backlogs from restrictions on trucks and warehouse operations after more than two dozen Covid-19 cases were confirmed in the surrounding area.
Continue
wsj.com |
|
