SHANGHAI: More than two dozen large trade fairs and industry conferences in Asia have been postponed because of, shuttering events where billions of dollars worth of deals have been signed in the past.
The Chinese government has also asked local authorities and business associations to hold off hosting events and conferences, as concerns rise about the disease that has killed more than 560 people and infected more than 28,000. The annual China Development Forum, a high-level gathering of international leaders, whose past attendees included Apple Chief Executive Tim Cook, will be delayed, its organisers said. It is usually held in late March.
Some hotels are bracing for the impact to be at least as bad as the 2003 outbreak of Severe Acute Respiratory Syndrome , based on booking cancellations so far, industry sources said.
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