China's stringent rules to curb Covid-19 are about to unleash another wave of summer chaos on supply chains between Asia, the United States, and Europe.
Beijing's zero-tolerance approach amid an escalating virus outbreak brings the pandemic full-circle, more than two years after its emergence in Wuhan up-ended the global economy. Shipping congestion at Chinese ports, combined with Russia's war in Ukraine, risks a one-two punch that threatens to derail the recovery, already buffeted by inflation pressures and headwinds to growth.
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