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ffr

(22,665 posts)
Tue Feb 18, 2020, 03:49 PM Feb 2020

Coronavirus update: more than 73,000 cases, 1,873 deaths, Apple warns on second quarter

The outbreak, which has spread to 25 countries beyond China, has forced many retailers, restaurants and manufacturers to at least partially shut down their operations in recent weeks. Chinese workers are working at home. Factories have been slow to reopen.

The American Chamber of Commerce surveyed 109 companies with manufacturing facilities in Shanghai, Suzhou, Nanjing and the Yangtze River Delta region, finding that 78% of companies don’t have enough workers to run a full production line due to the travel restrictions and quarantine periods; 58% expect output to be lower than normal “over the next few months;” and 38% of companies don’t have enough masks to protect their staff, a new government requirement. - Marketwatch


No shrugging that off. The tied economies of the US and China look like they're not going to be able to avoid economic slowdown.
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Coronavirus update: more than 73,000 cases, 1,873 deaths, Apple warns on second quarter (Original Post) ffr Feb 2020 OP
k&r. Thanks for the update. alwaysinasnit Feb 2020 #1
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