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China - Production suspensions in Chinese manufacturing hub of Zhejiang province amid Covid-19 outbreak - December 15, 2021

Shiloh

Editor, Senior Moderator
Source: https://mvariety.com/business/produ...cle_0fe48982-5cfb-11ec-a995-63039b3b7dea.html


Production suspensions in Chinese manufacturing hub amid Covid-19 outbreak
Reuters Dec 15, 2021 Updated 10 hrs ago

SHANGHAI (Reuters) — Several companies in one of China's biggest manufacturing hubs have suspended operations as local authorities try to contain a Covid-19 outbreak, halting production of goods from batteries to textile dyes and plastics.

The coronavirus outbreak has disrupted activities in parts of Zhejiang, an eastern province with a large industrial sector, where many goods are manufactured for export.

At least 20 listed companies have shut down operations in Zhejiang, as tens of thousands of citizens were placed in quarantine, some domestic flights were suspended, and several sporting events cancelled.

The outbreak in three Zhejiang cities —Ningbo, Shaoxing and Hangzhou — was developing at a "relatively rapid" speed, health authorities said over the weekend...
 
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