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They already extended the holidays and I know a lot of manufacturers rely on pre and post Lunar production cycles. We are going to find out what happens when Ch
by bitxbit 7y ago
They already extended the holidays and I know a lot of manufacturers rely on pre and post Lunar production cycles. We are going to find out what happens when China goes offline which is not going to be pretty. I fully expect some products to run short and prices to double within days.
I also think the Chinese govt is trying to throw money at this problem. They got caught mismanaging the epidemic and injecting money into the market isn’t going to calm public panic. It will do the exact opposite.
- taiwanboy 7y agoAt this point, small foreign business operating in China will go out of business due to supply chain shutdown and illiquidity. Mid sized businesses will have a huge one time cost/write off moving operations out of China. Large multinationals will move more parts of Chinese supplies to other countries. China law blog can put it better than I can: https://www.chinalawblog.com/2020/02/whats-going-to-happen-with-my-china-dependent-supply-chain.html https://www.chinalawblog.com/2020/02/whats-going-to-happen-w... https://www.chinalawblog.com/2020/01/chinas-coronavirus-and-your-supply-chain-dealing-with-unknowns-and-false-diversification.html https://www.chinalawblog.com/2020/01/chinas-coronavirus-and-...
- delfinom 7y ago>Large multinationals will move more parts of Chinese supplies to other countries. The joke is, there is perhaps no point in the next 2 weeks. If the virus so far is as virulent as it seems, there's going to be alot more shutdown countries coming once the incubation periods run down.
- eru 7y ago> [...] and injecting money into the market isn’t going to calm public panic. It will do the exact opposite. Do you still think so, ten days later?