China

China's self-imposed isolation is hurting the supply chain.

China's self-imposed isolation and the New Data Protection law have already confused the ship movements information gathering of the firms, which helps the trading system in the world to predict the supply chain and the cargo moments.

Yes, the scene is very clear now after the self-imposed isolation, war of words and the Taiwan and Hong Kong issues, something that already irritated the political leadership of the Chinese communist Party and its government headed by Xi - that they are censoring information going out of China.

According to the latest report, the world trading community is not getting the cargo and ship movement data, and they are afraid it would affect the supply chain.

The festival season is already at the gate and the rebounding economy after the long-time pandemic has created crowded ports and hectic shipping activities.

Chana, being the biggest consumer of the natural resources like iron ore and coal, is now moving away from depending on import to the policy of self-sufficiency. Make in China and consume in China is the new Chinese theory. The Chinese government already passed a data protection law which came into action from Nov-1, 2021. It prevents/bans any organizations from sharing data with anyone from the foreign soil without prior approval of the government agencies. This step really cut off the sharing of ship movement data and the planning for storing and ordering enough goods for the festivals and other demanding goods.

China being the biggest exporter, many nations and its market depend on the Chinese goods to meet their industrial and day-to-day requirements.

In case China chooses to restrict the export of rare goods which many industries required, then the manufacturing sectors of these nations can also be affected.

When China becomes self-dependent, producing and consuming, the exports from Europe to China will be paralyzed. America also exports to China many food items, including chicken.

The world community has to make a new policy to prevent goods shortage in the markets of the world in the coming days, either convincing and pleasing the Chinese leadership or finding out an alternative market from where they can get substitutes for all the goods coming from China and the new market where export the raw material which they used export to China, yes, they must get from a new market.

Being the biggest exporter and manufacturing hub of the world, China's isolation may cause a vacuum in the markets across the world due to shortage of goods.

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