Beijing’s COVID-zero strategy is causing havoc for global supply chains, as major Chinese manufacturers and ports are locked down to prevent the spread of the virus.
There are millions of Chinese citizens in lockdown, leaving factories, ports, and manufacturing hubs to close.
For Australian consumers, it means product shortages and higher costs for both importing and exporting goods.
The closures are driving up costs of shipping to near record highs, and consumers should expect to see less on shelves as it will take longer for items to arrive.
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