Yea, but "localized" to huge manufacturing areas. FORTUNE Magazine website: "According to shipping analytics firm
Windward, 20% of the world’s roughly 9,000 active container ships are currently sitting in traffic jams outside congested ports. Close to 30% of that backlog alone is in China—double the domestic congestion rate in February—where a
virulent Omicron wave is snarling supply lines." Shanghai has been in total lockdown for weeks and Beijing is following. Shenzen just opened up. This month, it took me a week to get a DHL box with some small diving lights from Shenzen to Hong Kong, which are right next to each other. Once in HK then it moved normally. China's crazy COVID policy is causing big business problems.