While China’s recent COVID-19 lockdowns are sparking concerns about another massive shockwave through global supply chains, some industry analysts and insiders are anticipating minimal impact as Shanghai — home to the world’s largest container port — begins to ease lockdown measures.
“When those ports do come fully back online, there might be a little ripple effect, but… the data is telling us right now it’s going to be short-lived,” Lucas Falasca, enterprise account executive at Freightwaves SONAR, told Yahoo Finance. “It’s not gonna send like a giant ripple through the supply chain… like we saw COVID do. It might be something that’ll be smoothed out over a couple of weeks.”
Continue reading on finance.yahoo.com.