Many of the manufacturers given permission to resume operations during Shanghai’s lockdown are working at a fraction of their full capacity. Photo: Xinhua
Coronavirus: Shanghai’s ‘white-listed’ manufacturers operate at a fraction of capacity as supply chain disruptions hobble recovery
- The dire scenario has exacerbated worries about the potential severity of an economic slowdown and the scale of job losses that may result
- Two officials with key manufacturers on the Shanghai government’s so-called white list said they would have to slash jobs even after the lockdown is lifted
Many of the manufacturers given permission to resume operations during Shanghai’s lockdown are working at a fraction of their full capacity. Photo: Xinhua
