International companies with ties to China are closely monitoring the sudden surge of protests in the country over the government's 'zero COVID' stance — particularly if the unrest leads to any policy changes.
Axios' Bethany Allen-Ebrahimian writesto respond to the protests by easing restrictions, Apple would be among the first to benefit.significant supply shortages in its iPhone line due to ongoing lockdowns and labor unrest at a key manufacturing facility.
Wedbush Securities analyst Dan Ives said Monday in a research note that "many Apple stores" have only 35% to 40% of typical inventory of the iPhone 14 Pro. "The zero China Covid policy has been an absolute gut punch to Apple's supply chain with the Foxconn protests in Zhengzhou a black eye for both Apple and Foxconn," Ives wrote.International companies with the biggest investments in China face the most risk if the country refuses to budge, Niagara University economist"Economically there are incentives for companies to move production out of China in order to save production costs," Lee says.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
China reports another daily record of COVID cases as protests ripple across ChinaChina reported a fifth straight daily record of 40,347 new COVID-19 infections on Nov. 27, of which 3,822 were symptomatic and 36,525 were asymptomatic, the National Health Commission said on Monday.
Lire la suite »
Got a weird COVID-19 symptom? You’re not alone.From COVID tongue to COVID toe, doctors have seen some bizarre cases. COVID19 COVID CovidIsntOver COVIDSymptoms
Lire la suite »
China reports fourth straight daily record of new COVID casesChina reported a record high of 39,791 new COVID-19 infections on Nov. 26, of which 3,709 were symptomatic and 36,082 were asymptomatic, the National Health Commission said on Sunday.
Lire la suite »
Protests erupt across China in unprecedented challenge to Xi Jinping's zero-Covid policy | CNNProtests are erupting across China, including at universities and in Shanghai where hundreds chanted 'Step down, Xi Jinping! Step down, Communist Party!', in an unprecedented show of defiance against the country's stringent and increasingly costly zero-Covid policy.
Lire la suite »
Shanghai hit by COVID protests as anger spreads across ChinaProtests simmered in Shanghai early on Sunday, as residents in several Chinese cities, many of them angered by a deadly fire in the country's far west, pushed back against heavy COVID-19 curbs nearly three years into the pandemic.
Lire la suite »
More anti-COVID protests in China triggered by deadly fireTAIPEI, Taiwan (AP) — Protests against China’s restrictive COVID-19 measures appeared to roil in a number of cities Saturday night, in displays of public defiance fanned by anger over a deadly fire in the western Xinjiang region.
Lire la suite »