Shanghai lockdown costs $28bn in global trade as it sends ‘shockwaves’ through supply chains

Sarah JollyMay 5, 2022
Shanghai/China-Jan.2020: New type coronavirus 2019-nCoV pneumonia in Wuhan has been spreading into many cities in China. Young man wearing surgical mask looking at Oriental Pearl TV Tower
Credit: iStock/Robert Wei

Shanghai’s Covid-19 lockdown has cost $28bn in global trade since it started back in March, according to estimates from data and analytics firm Russell Group.

Severe delays at Shanghai’s ports and logistical problems movin...

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Sarah JollyMay 5, 2022
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