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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: robert b furman who wrote (4520)2/23/2020 11:42:59 AM
From: elmatador  Read Replies (1) of 13801
 
Hi Bob

The reason for speed up return to factories:

Coronavirus Might Do More Damage To China Than The Trade War

The ongoing coronavirus epidemic in China may very well end up pulling factories out of China faster than tariffs.

For months, U.S. companies have been moving some of their supply operations out of mainland China. The reason was always trade war uncertainty. But the new viral outbreak of a coronavirus of unknown origin is spooking companies far and wide. Those who were considering moving because of the threat of tariffs on their product line, are now getting more serious about sourcing from China as the outbreak has no end in sight.

If the virus lasts in China as long as its last major bout with a respiratory infection, known as SARS, then it will take until August before this is out of China’s system.

Full article here

forbes.com
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