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Germany warns of new supply bottlenecks

Due to the Covid wave in China, the Federal Ministry for Economic Affairs and Climate Action repeated its warning about supply chain problems for German companies. “Confidence in Chinese supplies has already been subjected to a drastic reality check in the wake of the pandemic,” a ministry spokesman told the Mediengruppe Bayern newspapers on Wednesday. Now supply chains could once again be disrupted. Experts do not expect German companies to suffer major production slumps, but supply bottlenecks could nevertheless become an additional burden alongside inflation and recession.

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