Rabobank: Supply Chains in the Midst of Coronavirus Outbreak
Containment measures to avoid the further spread of the coronavirus are affecting Chinese and global logistics supply chains. China’s domestic transport sector is disrupted, and global logistics operators are seeing their volumes reduced. It will be a challenge to contain the virus with as little interruption to supply chains as possible and to revert to normal quickly.
Containing Measures Are Taking a Toll
In the attempt to contain the spread of coronavirus, the Chinese government enforced a series of stringent quarantine measures that are taking a high toll on domestic and global supply chains.
Hubei province, where the virus started, and Wuhan, its main city, have been on lockdown since the start of the disease. The government extended the Lunar New Year holiday for an extra week, gaining time to contain the disease. However...
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