World Business Report

China lockdowns hit global shipping


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With global supply chains still reeling in the wake of Covid-19 and the Ukraine war, recent lockdowns in China have compounded the situation. Backlogs have become common place on the USA’s west coast, but how has trade there recovered? We get the latest from Josh Brazil of supply chain specialists project44. Plus, as Facebook parent company Meta reports better-than-expected profit figures and an increase in the number of users, we get the latest on the firm’s quarterly figures from our North America Business Correspondent Michelle Fleury in New York. After Chinese company DJI, the world's largest drone manufacturer, said it’s suspending sales to Russia and Ukraine, we discuss the reasons behind the decision with David Hambling, author of Swarm Troopers: How small drones will conquer the world. The BBC's Elizabeth Hotson asks whether the false banana, or enset, could help tackle the problem of food insecurity in developing countries. And we speak to Matteo Pietrobelli from Oceanix, a company working on a project to hopefully create what’s been called the world’s first floating city. Busan in South Korea has unveiled plans to extend out to sea, using floating, interconnected platforms, in a move that it’s hoped could help to mitigate both rising sea levels and human population numbers.
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World Business ReportBy BBC World Service

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