Pressure builds on China's raw materials supply chains
Reuters - “With the spread of COVID-19 under control, we should actively carry out the resumption of work and production,” President Xi Jinping said this week.
Xi’s comments, reported by state media under the headline “Chinese president unpauses China’s economy”, were made during a tour of Zhejiang province. (CGTN, part of China Media Group, April 2, 2020)
As ever, Xi’s whistle-stop tour was an exercise in subliminal messaging. Those comments were made during a visit to an auto parts supplier in the Daqi industrial park in the city of Ningbo.
He also dropped in on Ningbo Zhoushan port, one of the world’s busiest, and praised it for getting throughput back to pre-coronavirus levels.
The political messaging, however, masks the fragility of China’s metals raw material supply chains.