P&G Says 17,600 Products Could Be Affected By Coronavirus In China, Highlighting Supply Chain Risk

, adding that Amazon is ordering more often and placing bigger orders of Chinese-made products that had already been shipped to the U.S.that it doesn’t yet see any “sourcing impact” but cautioned that the situation is too “fluid” to make any specific forecast. warned that the outbreak might hurt its sourcing and manufacturing operations. While less than 15% of its shoes and handbags are made in China, Cole Haan said its manufacturers in other countries source materials from there.

China represented one-fifth of overall U.S. imports in 2018, according to the U.S. Trade Representative’s Office. Furniture, toys, sports equipment and plastics rank among the top imported categories, according to the USTR. The fashion industry is also watching the situation closely. According to the Footwear Distributors and Retailers of America, 99% of all shoes sold in the U.S. are imported, and 70% of those imports come from China.

About two-thirds of global shoe exports and more than a third of clothing come from China, the world’s largest exporter of shoes and apparel, according to a Coresight Research report. The report also found that the country supplies about a quarter of the world’s smartphone shipments. “If factories can’t attain full capacity by mid-April, we expect the ripple effect will lead to supply chain breakdowns around the world,” the report says. “We expect brand owners and retailers to accelerate supply chain diversification in the coming two to three years.”

why put all your eggs in one basket ? greed !

It's probably about those Chinese people who commit suicide working for Apple overseas a few years ago🙄

Blame coronavirus. It couldn’t be the economy.

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