According to Reuters, Chinese government officials have ordered at least 255 Shanghai-based industrial facilities to shut down for two weeks prior to the G20 Summit this September. How will the closures of these factories impact supply chain operations?
This September, the G20 Leaders Summit will be held in Hangzhou, China, and the event is expected to begin causing supply chain disruptions as early as this summer. Factories within 150 kilometers (about 93 miles) of Hangzhou have been ordered to partially or completely close to improve air quality. So how will this impact global supply chains?