Yeah i dont argue negativity of lockdown, sure they do have.
Transport is being hostaged, sure China is happily to lock down themselves.
However with commodity run quick previously, it is due for a correction, I think the issue will be more severe in consumer product, such as expensive made in China iphone etc, less volume of economy activity, that should be more affecting consumer, retailer, banking finance in general, in what they are now talking about China decoupling in general.
Sure moving factory out of China is rather not possible than hit consumer first, China supply chain. Regardless, that could be justification for higher price and inflation. In other word, I think that China lockdown is taking all economy ships down and keeping price high for longer Rather than more affecting commodity specifically which is rather benefit a bit from higher price but not immune when all is down.
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Yeah i dont argue negativity of lockdown, sure they do...
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