China's Covid curbs disrupt global supply chains, add to inflation risks

As manufacturer to the world, the disruptions in China are weighing on the global economy and add another risk to the inflation picture.

China’s lockdowns to contain Covid have snarled operations at the world’s largest port in Shanghai and stalled activity in major cities, affecting the supply chains of businesses from Tesla Inc. to Apple Inc.

Trade data on Monday will provide clues to the extent of the damage. Chinese export growth likely slowed to its weakest pace since June 2020, while imports probably contracted for a second month, a sign of weak consumer spending as millions of residents in Shanghai and elsewhere were confined to their homes.  

As manufacturer to the world, the disruptions in China are weighing on the global economy