Pandemic restrictions in two of China's largest cities, Shenzhen and Shanghai, imposed Sunday have forced Apple suppliers including Foxconn to suspend production, per Nikkei Asia.
Why it matters: The seven-day lockdown of the key port city and southern tech powerhouse Shenzhen and the partial lockdown of financial hub Shanghai and other Chinese cities over COVID-19 spikes will exacerbate supply chain and inflation issues, per Axios' Dan Primack.
