In one of the key industrial areas, China stopped production due to the outbreak of COVID-19. Tens of enterprises went to Quarantine in Zhejiang Province, which accounts for up to six percent of the country’s GDP. According to Reuters, restrictive measures in local ports are threatened by the global economy and threaten to aggravate problems with marine transportation.
The Agency clarified that at least 20 companies trading on the stock exchange announced the suspension of activities. And in reality there may be more, since only public firms are obliged to report on the factors affecting their activities. According to Reuters, tens of thousands of people have now been on quarantine in China, some domestic flights are canceled.
Many products from the province are sent to export. The most concern is the prospect of the work of the ports. According to Financial Times, Ningbo – one of the largest container ports in China, and interruptions in his work Risk Create difficulties for the global supply chain.
In early December in China reported the power of the coronavirus outbreak. Most of the cases of infection were recorded in the city district of Hulunbier border with Russia, located in the northern region of Inner Mongolia. In total, from the beginning of the COVID-19 pandemic, according to official data, 98,824 people were infected in China. Since the beginning of 2020, 4636 Chinese died from Coronavirus.