Twenty percent of China’s international trade flows through Shanghai, so when the port was hit by a lockdown at the start of April 2022, the repercussions quickly rippled across the globe. Companies such as Apple, Tesla, Adidas and Este Lauder all warned of disruption to their supply chains and the likelihood of higher costs for consumers. The enforced period of isolation has been a worrying time for Shanghai’s 25 million residents. In this week’s podcast, Frank Tsai - who’s been confined to his apartment in Shanghai for many weeks - speaks to presenter Duncan Bartlett about his experiences and considers the economic implications of China’s so-called “zero-Covid” approach. Frank Tsai is the founder of China Crossroads.
China In Context: Episode 65
Broadcast date: 17 May, 2022