Construction equipment maker JCB is cutting production in the U.K. because over a quarter of its Chinese suppliers remain closed due to COVID-19 related restrictions. COO Mark Turner has indicated operations “will be disrupted in the coming weeks”. While China only represented 3.8% of total British imports of intermediate industrial components, at £2.72 billion ($3.54 billion) there will still be a significant number of firms facing similar challenges to JCB. There may also be a knock-on to JCB’s sales in the U.S. Seaborne imports linked to the firm rose by just 2.0% year over year in th...