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China's plans are to maintain Zero-COVID until at least the mid 2020's. China will not sort itself out. It's a complete disaster
by beebmam 4y ago
China's plans are to maintain Zero-COVID until at least the mid 2020's. China will not sort itself out. It's a complete disaster
- coliveira 4y agoI think you're blindsided by American media. COVID lockdowns are not nearly as big a problem as they are presented in the West. First of all, any lockdown is for at most a few weeks. Second, China has dozens of huge cities, and they are all working extra when a couple of cities are locked out due to COVID. The Chinese are doing this in a planed way that will have a minimal impact on the economy in the long run. The fall down of Chinese economy due to lockdowns is just another fantasy of US media.
- markdown 4y ago> The fall down of Chinese economy due to lockdowns is just another fantasy of US media. I guess everyone else in this thread is just imagining the lack of supply from China.
- WiSaGaN 4y agoTake a look at China customs data before you claiming that: http://english.customs.gov.cn/statistics/Statistics?ColumnId=7 http://english.customs.gov.cn/statistics/Statistics?ColumnId... Before any of the "data from china are fake" guy turning up, customs data can be collaborated with other country's data, do it with your U.S. or europe data to see whether imports from China have any significant change.
- coliveira 4y agoThe supply chain problems in the US are caused by the lack of US infrastructure. The reason is simple: the amount of imports into the US increased a lot in the last few years, especially after COVID (check the trade balance numbers), but the infrastructure is lagging at least 10 years behind. These problems will get worse, and China cannot do anything about it.
- genericone 4y ago/s
- illuminati1911 4y agoAs someone living in Shanghai and who experienced the lockdowns here, the US media (as biased as they may be) picture is much more closer to reality than what you are saying. The economy is in worst shape since 1992, Food and beverage industry is expecting to lose third of it's companies, property market is collapsing and going down first time for ages, Apple moved production out of China first time ever, several Fortune 500s moved their "tech hubs" etc. out of China, smaller rural banks are going down and preventing people from getting their money out, third of European companies are considering moving production out of here etc. and all this is just tip of the ice berg. Maybe the government will find a way out of this mess, but right now things are darkest they've been for a while and we are now hearing rumors there is going to be another massive lockdown.
- nebula8804 4y agoTo be fair, hasn't Apple dabbled with manufacturing in Vietnam and India for a while now? It would make sense for them to swap some more manufacturing out if they already have a base elsewhere. (Not trying to dismiss the rest of your comment just making an observation)
- honkler 4y ago