'Mother of all supply chain stumbles' puts global seafood industry at risk, experts warn

Global supply chains are potentially facing "the mother of all supply chain stumbles" should the omicron linked COVID-19 variant spread rapidly across Asia, economists at HSBC Bank said in a newly released report.

Asian production networks, which have so far shown impressive resilience, may be thrown into a funk as omicron grips the region at a time when western supply chains show flickering signs of easing, HSBC Co-head of Economics Research Frederic Neumann said.