The Hubei the Chinese region most involv hosts of the companies active on the national territory of which are headquarters of foreign companies . Furthermore at least companies worldwide have at least one direct firsttier supplier in the affect area. The estimat impact concerns not only direct business networks but also all those indirect connections that go around the region . While China was forc to suspend activities and quarantine entire cities the economic implications involve the entire world. Retailers and companies that reli on Chinese manufacturing have seen a slowdown or suspension of supplies recording considerable losses in profits. But the problems are widening and involve.
The tourism market transport and the luxury sector
Commerce could be a useful resource right now but it fac delivery delays and staff shortages . The difficulties are numerous and it is Thailand WhatsApp Number Data essential to recognize them in a structur way and address them in a timely manner to avoid irreparable damage to economies around the world. Return to index economy Wuhan in the Hubei region is a city of million inhabitants with a very important hub for Chinese industry a point of reference for both the national and global economy . international companies are host in that territory of them are bas in.
Hong Kong in the Unit States in Japan and in Germany
These numbers l Moodys to rapidly and constantly change its growth forecasts for China downwards causing considerable concern throughout Kenya Telegram Number the Asian market. In addition these forecasts will only be valid if the crisis ends by the end of the first quarter of the year with a resumption of normal production. If global markets are frighten by the possible scale of the epidemic there are some sectors that even risk paralysis. Coronavirus the temporary crisis in the high tech market The components of.