Journal Article

How Has the Current Lockdown in China Affected the Global Supply Chain?

Abstract: The recent lockdown in China is expected to exacerbate disruptions in the global supply chain. Using high-frequency data, I show that supply chain disruptions from the current lockdown are likely to be less severe than those from the lockdown in 2020. However, highly transmissible COVID-19 variants continue to present risks, and supply chain disruptions could intensify if the current lockdown is extended or applied to other regions of China.

Keywords: Lockdown; China; COVID-19; Pandemic; Supply chain;

JEL Classification: F01;

Bibliographic Information

Provider: Federal Reserve Bank of Kansas City

Part of Series: Economic Bulletin

Publication Date: 2022-05-20

Issue: May 20, 2022

Pages: 4