China’s Sudden Shift on Zero-Covid Puts Supply Chains at Risk Again
In October, the Chinese government declared its zero-Covid policy to be the best and most cost-effective. That has made the strict policy’s sudden end in the past several days a surprise to many, even the policy’s fiercest critics. The rapid change has also sparked concerns about how potential new public health risks will further disrupt supply chains. Will this mark the beginning of the end of China’s dominant role in global supply chains?