FOX Business' Stuart Varney discusses China's COVID policy fueling supply chain issues and its impact on inflation in the US
There's one country that still clings to a zero COVID policy and that is China.
China has put 20 million people under strict lockdown. There are severe travel restrictions for next week's Lunar New Year holiday. China's leader, Xi Jinping wants a COVID-free Olympics. And a COVID-free country.But China is the manufacturing capital of the world. When they shut down factories there, they create a supply chain problem here. And supply chain problems play a big role in rising inflation.
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