Shanghai lockdowns threaten China's auto output while port congestion worsens

Beijing (AFP) April 15, 2022

Chinese automakers warned they may have to put the brakes on production if Covid-19 lockdowns in Shanghai persist, with a top Huawei executive also sounding the alarm Friday about snarled supply chains. The restrictions have kept Shanghai's 25 million residents mostly at home for weeks, forcing manufacturers to halt operations and making China's GDP growth target of around 5.5 percent look i