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Business fallout: Companies in China see delays in reopening

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www.clickorlando.com

The spread of the coronavirus that emerged in China in December has dealt an unprecedented shock to the global economy. Here is a look at developments Wednesday: CHINA BUSINESS: One in five companies surveyed by the American Chamber of Commerce in China expects delays in resuming normal business to last through the second half of this year.

About one-fifth of the 199 companies surveyed March 13-18 said they are back to normal after the Communist Party declared victory over the coronavirus and began easing travel and other controls.

Three-fifths expect to resume normal operations by the end of April. About 45% of companies in technology and services expect a “moderate to strong additional impact” in China due to the virus spreading

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