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Coronavirus disrupts global production lines

2020-02-16T21:00:00.298Z


Chinese groups directly supply nearly 51,000 foreign companies around the world.


The second largest economy on the planet with more than 16% of world GDP, China is obviously essential in the production chains. Nearly 51,000 foreign companies, mainly North American companies, have a direct supplier in China in the regions most affected by coronavirus, says Dun & Bradstreet, specialist in business data, which looked at the 19 provinces which included on February 5 at least 100 confirmed cases of virus. More than 5 million companies worldwide have at least one second tier supplier, which supplies one of their providers, in these regions. " These companies cannot operate normally today," says Thierry Millon, of the firm Altares, the French partner of Dun & Bradstreet.

Read also: Nicolas Baverez: “Coronavirus, lessons from a Chernobyl sanitary”

The few shipments of manufactured goods to China have nothing to do with the usual flows. Around the world, companies are falling back on their stocks. But they will soon have to turn

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Source: lefigaro

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