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Chinese Virus Starts To Impact Global Business

2020-02-02 166 Dailymotion

Some companies have warned that a coronavirus outbreak in China could disrupt supply chains or hurt bottom lines.<br />Reuters reports the news comes as factories and shops shut and airlines suspend flights.<br />Electrolux said the epidemic could have a material impact if its Chinese suppliers were further affected.<br />It also says it is implementing contingency plans.<br />Similarly, H&M said roughly 45 store closures in China hurt sales in January.<br />The company said it sources “a lot” from China.

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