‘Another year of crazy hiccups’: Russia and China pose new threats to global supply chain

Posted on AllSides March 18th, 2022
From The Left
(Jae C. Hong/AP)

Fallout from the war in Ukraine and a coronavirus outbreak in China’s manufacturing heartland are putting fresh kinks in global supply chains, dashing hopes of a return this year to reliably smooth freight shipments and adding to pressure on consumer prices.

Allied financial sanctions and the closure of Russian airspace are forcing cargo planes to fly longer, costlier journeys from Asia to Europe. Dozens of Chinese factories and port warehouses that supply the United States remain shuttered amid the country’s worst coronavirus flare-up since the original wave in Wuhan. And triple-digit oil prices are...

Read full story
Some content from this outlet may be limited or behind a paywall.

Washington Post

AllSides Media Bias Rating: Lean Left
AllSides Media Bias Rating: Lean Left
See full bias rating for Washington Post
Learn about media bias

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right