Lockdown in China is gumming up the works
The economic implications of coronavirus are multiplying, affecting key supply networks. It’s time to get worried
If Chinese factory closures continue in industrialized provinces after 10 February, companies that depend on imports from the country will feel the effects soon
BENGALURU : Jeff Fai, whose family owns a cashmere sweater factory in Guangdong, China, reports that by this time in the year, his buyers in the US, Canada and Australia would have set a timetable of business meetings with his Hong Kong-headquartered firm for the first quarter. But this year is different. As the panic about the pneumonia-like coronavirus persists, his buyers have not scheduled any meetings in the first quarter.