The real victim of Shanghai’s COVID lockdown? Intra-Asia trade pipeline

The supply chain impact in Shanghai is being felt across Asia.

The slothlike trade moving out of Shanghai has created a short supply of raw materials traveling on the all-important intra-Asia trade route. Countries that make up this trade pipe — Vietnam, Malaysia, Taiwan, Japan, Korea, Indonesia and Cambodia — have factories waiting on crucial raw materials needed to finish goods ranging from apparel and footwear to furniture.

This pipeline saw an expansion in the trade as more American importers diversified their manufacturing out of China as a way to work...

https://www.freightwaves.com/news/the-real-victim-of-shanghais-covid-lockdown-intra-asia-trade-pipeline

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