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From Sony to 7-Eleven, Shanghai lockdown hits companies hard

Supply chain ripple effects close Mazda plants in Japan

Residents wait for a food delivery behind a gate to a residential area in Shanghai. The city lockdown has taken a severe toll on consumer spending.    © Reuters

TOKYO/SHANGHAI -- The COVID-19 lockdown in Shanghai, now in its third week, has shut down 7-Eleven convenience stores and kept Sony and Apple supplier plants idle, underscoring the costs of Beijing's rigid "zero-COVID" policy.

Sony Group has shuttered a Shanghai factory that makes televisions, projectors and cameras for Japan and other Asian markets since the first day of the lockdown. And there is no clear time frame for reopening. Volkswagen has idled a plant in the city, and Japanese food maker Ajinomoto has closed two seasoning and amino acid production facilities.

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