News Analysis Communist China’s two extreme ways of handling the pandemic—from implementing the previous zero-COVID policy to the current lifting of restrictions without a plan—pose major challenges to the global supply chains. Multinational companies have made concerted efforts to reduce reliance on China’s parts network. They now consider supply chain reliability and flexibility more significant…
Multinational Companies Accelerate Moving Production Out of China, Reshaping Global Supply Chains
January 5, 2023
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Apple Predicts Lower Q3 Performance Owing to Supply Constraints, Material Shortages
April 30, 2022
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Tech giant Apple is predicting a slump in performance for its fiscal Q3, 2022 term ending in June even as the company showcased better results, on a yearly basis, during the second quarter. Apple said its forecast is based on persistent global supply chain disruptions. “We believe our year-over-year revenue performance during the June quarter…
Shenzhen Yantian Port, the World’s Fourth Largest Container Terminal, Experiencing Increased Congestion
On March 21, Shenzhen, which was under lockdown, announced temporary lifting of the lockdown, restoring order to production and daily life for a week. However, Shenzhen’s Yantian port soon became even more congested, adding to the bottlenecks in the global supply chain caused by the pandemic and the war between Russia and Ukraine. On March…
War in Ukraine Putting European Carmakers in a Tight Spot
March 8, 2022
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Auto Production ShortageBusiness & EconomyEuropeGlobal supply chain disruptionMarketsRussia Ukraine invasionRussia-Ukraine WarSemiconductor ShortageWorld
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Russia’s invasion of Ukraine has further disrupted global supply chains with automakers facing challenges like shortages of components and rising material costs, leading to an overall decline in availability of cars in international markets. European carmakers Mercedes-Benz and Audi have announced plans to scale down production at their plants due to supply disruption of auto…
Renault Production May Get Affected by Supply Chain Issues in Russia
February 19, 2022
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Business & EconomyBusinesses in COVID-19CompaniesEuropeGlobal supply chain disruptionRenaultRussia-Ukraine tensionssemiconductor chipsWorld
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French automaker Renault is concerned about the stability of its supply chains in Russia due to rising tensions between the country and Ukraine, which will have repercussions for the manufacturer’s production abilities if a conflict were to break out. Renault’s Russian business AvtoVaz, which makes the Lada brand of cars, sources 20 percent of components…
US Housing Starts Decline in Cold Weather, Supply Chain Continues to Be Problematic
New residential construction projects or privately-owned housing starts, a key indicator of economic strength, declined 4.1 percent in January, as some regions in the country face freezing weather conditions along with continuing supply chain issues. “Privately‐owned housing starts in January were at a seasonally adjusted annual rate of 1,638,000. This is 4.1 percent below the…
Factors Contributing to Global Shipping Rate Plunge: China Economic Analysts
February 14, 2022
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Chinese industry analysts attribute the global shipping rate drop to a number of China-related factors, including Beijing’s environmental protection order for the Winter Olympics, China’s reduced steel production, and the easing of port entry disruptions due to COVID-19 that sent shipping rates sky-high last year. Global rates for large bulk carriers have plunged by 90…
Multiple Factors Contributing to Global Shipping Rate Plunge: China Economic Analysts
February 14, 2022
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2022 Beijing Winter OlympicsCCP VirusChinaChina Business & EconomyChinese RegimeGlobal supply chain disruptionSpecial Topics
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Chinese industry analysts attribute the global shipping rate drop to a number of China-related factors, including Beijing’s environmental protection order for the Winter Olympics, China’s reduced steel production, and the easing of port entry disruptions due to COVID-19 that sent shipping rates sky-high last year. Global rates for large bulk carriers have plunged by 90…
NY Fed Develops New Index to Measure Global Supply Chain Pressure
January 5, 2022
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As the world enters uncharted territory with the global pandemic, sudden rise of new variants, widespread uncertainty, and country-wide shutdowns, a group of New York Fed researchers has developed a new index to measure the critical factors underlying all global economic activity—supply chains. The record-high supply chain pressures that have led to high prices, product…
Christmas Trees Will Cost Up To 30 Percent More This Year
December 2, 2021
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Christmas trees will be facing shortages this year, and the ones available will be priced higher as Americans go through an inflation-hit holiday season, along with supply chain shortages and the looming threat of Omicron CCP virus variant. Industry experts recommend customers start buying their trees—real or artificial—earlier this season, and expect to pay 10…
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