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Global Supply Chain Clogs Are Easing, Led By Asia: WSJ

Factory output across Malaysia, Vietnam and other nations bounced back in the past month as Covid-19 infections declined and production limits were raised

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Japanese manufacturing growth slowed in June as new orders shrank for the first time in nine months due to the deepening pressure on already disrupted supply chains.
Employees work on the assembly line at Mitsubishi Fuso Truck and Bus in Kawasaki. The survey showed Japanese firms continued to face widespread pressure from high raw material prices. File photo: Reuters.

 

Covid-related factory closures, power shortages and port capacity limits in Asia are easing, but executives in shipping, retail and manufacturing sectors say they don’t see a return to normal operations until next year, The Wall Street Journal reported.

Factory output across Malaysia, Vietnam and other nations bounced back in the past month as Covid-19 infections declined and production limits were raised, freeing up clogs in the production of semiconductors and textiles globally, the report said.

In the US, big retailers – Walmart, Target and Home Depot – said they had stocked up on most of what they need earlier than usual ahead of the holiday season.

Read the full report: The Wall Street Journal.

 


 

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Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.

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