Coronavirus: The economic cost is rising in China and beyond.


 The human panan cost of the coronavirus outbreak is climbing across China and beyond. The economic cost is also mounting, mainly, but not only, in China.

That damage is, for the most part, not due to the virus itself so much as efforts to prevent it spreading.

There are strict restrictions on moving out of Wuhan, where the outbreak คาสิโนออนไลน์ began, a city with a population of 11 million.

The lockdown, also คลิปลับ extended to other parts of Hubei province, prevents business-related travel as well as the movement of goods and workers.

Fear of the virus also means many people คลิปลับ will choose to avoid activities they think might expose them to the risk of infection.

So restaurants, cinemas, transport providers, hotels คลิปลับ and shops are all quickly feeling the impact.

And the timing of the health คลิปลับ crisis, during the lunar New Year break, means those industries have been particularly exposed to commercial losses.

The New Year holiday คลิปลับ was extended for a few days by the national Chinese authorities and there have been longer extensions imposed by some provincial authorities, delaying the return to work คลิปลับ for some businesses even longer.

Any delay resuming production and selling goods is likely คลิปลับ to lead to cash-flow problems, especially for smaller operations.

Many companies will have to continue paying bills, including employees' pay.

And for manufacturers คลิปลับ selling goods abroad, there may be some issues with buyers becoming more reluctant to buy from China.

Herbert Wun, who owns Wing Sang Electrical, which คลิปลับ makes products such as hair-straighteners and blow-dryers in Guangdong province, told BBC News, many companies would not have much slack to take this kind of impact, coming, as it did, on top of the US-China trade war.

And the epidemic "will add to the pressure on คลิปลับ customers trying to shift their supply chain away from China.

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