China’s lockdown of its tech hub is bad news for the Fed’s fight against inflation

Posted on AllSides March 14th, 2022
From The Center
MARTIN POLLARD / REUTERS
ANALYSIS

China locked down Shenzhen, its tech hub and second biggest port, and imposed severe curbs on Shanghai, its biggest port, as nationwide cases doubled in a day. But what is being called China’s worst outbreak in two years still refers only to 66 new cases registered on Mar. 13 in Shenzhen, a city of 17 million people, and 65 cases in Shanghai, a city of nearly 25 million.

In Shenzhen, all non-essential workers must stay home—which means that the factories making iPhones, semiconductor chips, computers, and other tech products will not function for a...

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