BEIJING - Big manufacturing hubs on the Chinese coast are starting to loosen curbs on the movement of people and traffic while local governments prod factories to restart production, following weeks of stoppages due to the coronavirus outbreak.
The tough measures slowed the sprawling industrial sector to a crawl, with companies unable to resume production or restore output to normal levels due to a lack of workers. Many have also been unable to take delivery of raw materials or send products to clients due to logistical hurdles, with the disruptions spilling over into supply chains worldwide.
“Macro and micro data suggest production activities are resuming at a slow pace in China, reaching 60-80% of normal levels by end-Feb and normalizing only by mid-to-late March,” Morgan Stanley wrote in a research noted. Some cities in Guangdong and Zhejiang this week organized buses and trains to ferry workers back from their hometowns.
There some data say otherwise The deep dive going to took months,if not quarter to recover.
XI：get back to work, my slaves
Doesnt the virus stay on surfaces? Thats a little scary
they realize they are sending contaminated products ?
Now stocks: number go up.
Prayers for affected people in China and across the world. We need to create a peaceful world, free from all the diseases.
too fast! Did the Chinese government kill all sick people?
Could it become a super raccoon city?
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