01-31-2022, 07:27 PM
Disruptions in China can lead to ‘ripple-effects’ across global supply chain, says HSBC
- China’s zero-Covid restrictions will impact global supply chain recovery as any small disruption in the country will likely lead to “ripple effects” across the world, according to the head of shipping at HSBC.
- The pandemic has revealed “how lean the supply chain has become. And there is little margin of error,” said Parash Jain, global head of shipping and ports equity research at HSBC.
![[Image: 106898675-1623931584755-gettyimages-1317...=740&h=416]](https://image.cnbcfm.com/api/v1/image/106898675-1623931584755-gettyimages-1317558062-vcg111329542964.jpeg?v=1625037107&w=740&h=416)
China’s zero-Covid restrictions will impact global supply chain recovery as any small disruption in the country will likely lead to “ripple effects” across the world, according to the head of shipping at HSBC.
The pandemic has revealed “how lean the supply chain has become. And there is little margin of error,” said Parash Jain, global head of shipping and ports equity research at HSBC.
“The sheer importance of China when it comes to global trade means that any small disruption in China, will have a ripple effect across the supply chain,” Jain told CNBC’s “Squawk Box Asia” on Monday.
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