As Western economies roar back to life, a fresh wave of Covid clusters in Asia is creating bottlenecks in the global supply chain
, respectively, in more than a decade. If such problems continue—and get worse—they could weigh on global growth.
For much of last year, China, Taiwan and many other parts of Asia kept the pandemic in check better than the U.S. and Europe and limited some of the economic damage. But as vaccination rates have risen in the West, governments have started rolling back restrictions and economies are revving up. Immunization efforts in Asia, meanwhile, have lagged behind and authorities have largely kept in place tougher border controls to keep the virus out.
. Thailand has been battered over the past two months by its worst ever surge of new cases, while Vietnam—an increasingly popular manufacturing hub that largely avoided earlier infection waves—has also suffered.
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