Business Still Not As Usual, In Covid-19-Hit China
DataQuest
|April 2020
Manufacturers/exporters/logistic service providers are facing difficulties in terms of cancellation of orders, bankruptcies of buyers, as well as the uncertain market forecast, etc. Those who have the resources to switch to the domestic market have a better chance to survive. Otherwise, the closure of some businesses is inevitable.
Last Wednesday, the central Chinese city of Wuhan, where the pandemic called SARS-CoV-2 by the WHO, coronavirus or Covid-19 began, opened its doors again! This, after spending 76 days, sealed off from the world. Remember, Covid-19 first broke out in the city of Wuhan, China, in December 2019!
Businesses are struggling to get back to business as usual, while there are instances of the development of robotics in Guangdong area. China set up a prefabricated hospital to deal with Covid-19. Two new coronavirus hospitals were also built in Wuhan. People are said to be maintaining social distancing.
Cautious about second wave?
Chen Yang, a scholar, said that China business activities have gradually resumed to normal as new local cases have been reduced dramatically. People have gradually started going back to work across all industries. However, the China government is still cautious about the possible outbreak of the second wave. That’s why, they keep urging the public to be mindful for personal hygiene and social distancing.
A lady informed that the China economy is recovering. Business and manufacturing are on the move. However, people are still very cautious. Another echoed the same lines. An insurance agent, Spring Lee, said that the situation is getting better. People are resuming work and doing outdoor activities.
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