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At 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
by taiwanboy 7y ago
At 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.