The Semiconductor Manufacturing International Corp. (SMIC) headquarters in Shanghai, China, March 23, 2021. Photo: Bloomberg
Shanghai lockdown: China struggles to maintain key supply chains amid ‘dynamic zero’ Covid-19 policy
- Only 70 per cent of the 666 approved Shanghai enterprises had resumed some level of production as of Sunday, Chinese media reported
- Tesla, along with other high-profile carmakers, are given preferential treatment for being ‘companies that must resume production’, according to local authorities
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The Semiconductor Manufacturing International Corp. (SMIC) headquarters in Shanghai, China, March 23, 2021. Photo: Bloomberg