"The lockdown measures, together with the substantial extension of the holiday, have significantly delayed resumption of business and production," Ting Lu, chief China economist at Nomura, said in an email Friday.
The number of people who have returned to major Chinese cities remains at about a quarter what it was a year ago, according to Lu's analysis of data from, an operator of a major map app and other apps. Cities with a low return rate include Guangzhou, the capital of China's largest province by exports.
"Many migrant workers have still not been able to return to their workplace due to lockdowns of some cities as well as quarantine requirements for workers moving from one town to another," he said. "This is likely to heavily disrupt industrial output for the remainder of Q1 2020." The company's CFO Maggie Wu added that while it's too early to quantify the impact of the virus, it would likely negatively hit overall revenue growth for the March quarter.
by the Postal Savings Bank of China and Economic Daily, which said more than 90% of the more than 2,200 small and medium-sized enterprises surveyed have delayed their resumption of business.
activities are necessary for humans to survive.
How about those DeadBird exports.