ZB

Economist: Supply chain issues could get worse as manufacturing sites reopen

Author
Newstalk ZB,
Publish Date
Wed, 22 Jun 2022, 9:34am
Photo / NZ Herald
Photo / NZ Herald

Economist: Supply chain issues could get worse as manufacturing sites reopen

Author
Newstalk ZB,
Publish Date
Wed, 22 Jun 2022, 9:34am

Supply chains could continue to be an issue, even as the world's biggest port re-opens today.

Shanghai has been operating at a severely reduced capacity since March.

Many shipments have either been cancelled, postponed or rerouted to other Chinese ports.

Infometrics economist Brad Olsen told Mike Hosking supply chain issues could get worse as manufacturing sites reopen.

He wonders if ports in Europe and the U.S. will have the capacity to handle the influx of goods.

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