Biden’s Business Associates, the CCP, Lock Down Another Port

3
102

China found a few more COV cases at the Port of Ningbo so they are going to shut it down for three more weeks. Happy Stagflation! People should be very concerned about the Joe-Hunter Biden ties to Chinese Communists.

The administration has mismanaged COVID-19 with arbitrary vaccine mandates at shipping ports and for truck drivers. It’s made it difficult to operate shipping ports.

In reaction to the much milder Omicron variant, the CCP has decided to shut down major shipping ports, which will further disrupt the supply chain problem.

Zerohedge reported on the coming Biden crisis on Thursday. The effects of restrictions in China as the country maintains its COVID-zero policy “are starting to hit supply chains in the region.” China closes ports over very few COVID.

Congestion is mounting at the world’s largest port in Shanghai as ships reroute to the location to avoid bottlenecks at nearby facilities that have suspended or limited operations due to COVID-19 outbreaks, Bloomberg reported. The backlogs have been exacerbated by an increase of outbreaks across the country, leaving many ports and freight companies understaffed and functioning at reduced capacity.

According to Bloomberg, many companies have started mandating strict testing protocols in advance of the Chinese New Year next month, further slowing operations. An outbreak in Shenzhen, for example, has left a queue of ships as workers seek treatment and testing, leading officials to start restricting goods from entering the port.

Meanwhile, in Tianjin, trucking capacity is estimated to be running at half its standard output, after workers were ordered to take a half-day off work for required testing, Bloomberg reported.

Delays will worsen.

HSBC economists are warning that the world economy could be headed for the “mother of all” supply chain shocks if the highly infectious omicron variant which is already swamping much of the global economy spreads across Asia, especially China, at which point disruption to manufacturing will be inevitable.

“Temporary, one would hope, but hugely disruptive all the same” in the next few months, they wrote in a research note this week first noted by Bloomberg.

This will likely drive up inflation.

We still have serious backlogs at the Cali ports. They simply hide the ships 50 miles from port.

We have a RED TO RED pipeline with oppressive CCP restrictions to oppressive Cali restrictions.


PowerInbox
0 0 votes
Article Rating
Subscribe
Notify of
guest

3 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Boris Gulyas
Guest
Boris Gulyas
2 years ago

There is this joke that James Bond was sent to Moscow to find out what’s happening there under Gorbachev and he goes to the bakery and there is no bread, and he writes in a little notebook “No bread”; he goes to the butcher shop, no meat, and writes “No meat.” There is a KGB officer following him and the officer looked over his shoulder and said, “A year ago, you would be shot for doing that.” And Bond then writes “No bullets anymore.” When there were no bullets, people stopped working, because under socialism, the only way to work is under a threat to your life or to the life of your loved ones, because there is absolutely no incentive to do anything. And that’s what Mr. Gorbachev did not understand.

Global Warming Skeptic
Guest
Global Warming Skeptic
2 years ago

But omicron is a mild virus and people most likely won’t end up in the hospital or a ventilator.

Historic Ellipsis Czar
Guest
Historic Ellipsis Czar
2 years ago

Malice masquerading as incompetence at every level.