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Home > Government & Economy



SHANGHAI PORT LOCKDOWNS NOT EXPECTED TO HIT SINGAPORE’S SUPPLY OF ESSENTIAL
ITEMS: LOW YEN LING


Mon, May 09, 2022 - 2:07 PM
UPDATED Mon, May 09, 2022 - 2:07 PM
Tessa Ohtessaoh@sph.com.sg@TessaOhBT
The Chinese cities which Singapore imports most of its food supplies from are
not currently classified as high-risk ones, Minister of State for Trade and
Industry Low Yen Ling said in Parliament.
GOV.SG

SHANGHAI’S Covid-19 port lockdowns are not expected to significantly impact
Singapore’s supplies of essential food and healthcare items, while manufacturers
here are also coping with delayed supplies so far, said Minister of State for
Trade and Industry Low Yen Ling in Parliament on Monday (May 9).

Singapore’s reliance on China for essential supplies is “relatively low” and the
Chinese cities from which Singapore imports most of its food supplies are not
currently classified as high-risk ones, said Low.

The government will continue to adopt a “multi-pronged approach” of import
diversification, local production and stock piling to minimise supply shocks,
she added.



Low was responding to a question from Workers’ Party Member of Parliament (MP)
He Ting Ru on the impact of China’s lockdowns on supply chains and rising prices
in Singapore.

Low noted that cargo is still able to leave from the Shanghai port, and where
necessary, is also being re-directed to other ports in China or other transport
modes such as air.

The degree to which industries will feel the impact of supply chain disruptions
will vary based on their dependence on imported supplies from China and their
contingency planning, she added.


SEE ALSO


CHINA’S APRIL EXPORTS SLOW, IMPORTS UNCHANGED AMID EXPANDING VIRUS CURBS

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Singapore’s key imports from China are electronics, machinery and metals from
China – primarily intermediate goods needed by companies in the manufacturing
and construction. “Based on feedback from companies in these sectors, we
understand that most of them have been able to cope with the delays in shipments
from China thus far,” said Low.

But the ongoing movement curbs have further strained supply chains – already
under stress due to Russia’s war in Ukraine – and may thus exacerbate global
inflationary pressures in the near-term, she noted. “How this plays out over the
longer term will depend on the scale and extent of the lockdowns and their
impact on China’s economy”.

She reiterated that the government has extended help to businesses and
lower-income households – helping the former with cashflow needs and the latter
through ComCare – and will continue to monitor the situation closely.





READ MORE
 * Shanghai tightens lockdown to hit zero-Covid goal by late May
 * Securing Singapore’s supply chain for the future  
 * MAS could further tighten monetary policy in October despite April's double
   tightening

 * China
 * covid-19
 * ministry of trade & industry
 * supply chain

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