How China's Lockdowns Are Impacting Consumer Demand
China's focus on obtaining "Zero Covid" has put them back into lockdown at a time when supply chains were already being strangled. With the strict lockdowns back in action, I break down how this impacts the consumer in the U.S. and your ability to buy the things you need/want. Twitter: @IncomeOrdinary Links: China Exports: https://oec.world/en/profile/country/chn#yearly-exports China Chip Shortage: https://www.msn.com/en-us/money/markets/chinas-chip-output-shrinks-as-lockdowns-hurt-production/ar-AAWkfhb Global Consumer Spending on Tech: https://www.statista.com/statistics/1059331/worldwide-technology-spending-by-consumer/
China's focus on obtaining "Zero Covid" has put them back into lockdown at a time when supply chains were already being strangled. With the strict lockdowns back in action, I break down how this impacts the consumer in the U.S. and your ability to buy the things you need/want. Twitter: @IncomeOrdinary Links: China Exports: https://oec.world/en/profile/country/chn#yearly-exports China Chip Shortage: https://www.msn.com/en-us/money/markets/chinas-chip-output-shrinks-as-lockdowns-hurt-production/ar-AAWkfhb Global Consumer Spending on Tech: https://www.statista.com/statistics/1059331/worldwide-technology-spending-by-consumer/