CHARLOTTE, N.C. — A new COVID-19 outbreak in China could affect you.
Let's connect the dots.
The Chinese capital of Beijing is being hit with rising COVID-19 infections and deaths. The world's second-largest economy is having trouble eliminating the virus with its zero-tolerance COVID-19 policy.
It's also taking a heavy toll on businesses and public morale, which could hurt the global supply chain even more.
Fortune reports China accounts for 18% of all the goods the U.S. imports. And for computers and electronics, that number rises to 35%.
Shanghai is already locked down. If Beijing locks down, the supply chain backlogs will send U.S. industries, wholesalers and retailers into a panic.
The delivery backlog is already delayed until June. If Beijing stops producing, it could put the globe a year behind or more.
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