PHOTO: Chuin-Wei Yap in Hong Kong
Problems Escalate, Threatening Economic Recovery
“Component shortages, surging prices of raw materials and transportation backups compound the bottlenecks .
Global supply-chain bottlenecks are feeding on one another, with shortages of components and surging prices of critical raw materials squeezing manufacturers around the world.
The supply shocks are already showing signs of choking off the recovery in some regions.’’