Some Chinese cities are under a lockdown and the country could pay the price, analysts say.
The number of ships waiting at some Chinese ports has already increased, according to project44 which monitors how freight is moving across the world. "We saw a 28.5% increase in the number of vessels waiting outside of the port of Yantian which is a major export port to Europe and North America," says Adam Compain, senior vice president of project44.
Another example is Foxconn which makes iPhones for Apple. It has tried to shift production to other manufacturing sites while resuming production by asking employees to work in a closed loop system - or bubble - on its campus where people live and work."But for many of those producers, they have to rely on the shipment of other parts, mostly within the same region so it's really hard to move because the transportation within China can also be disrupted.
There are signs that it is enacting longer term costs, making some companies re-think their positions in the Chinese market.
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