Companies Suffering Due To China's Stern Zero-COVID Policies

Due to China's Zero-Covid policy and country rules, have left hundreds of cargo ships stranded on the ports which impacts freight costs and global inflation. Maersk said it will perceive a rise at an unexpected level. Freight charges increase it could cause a negative impact on economy. Many companies are bearing the brunt of China's stern COVID policies. Global inflation and the closing down of business are looming threats.