Dun & Bradstreet researchers found that at least 51,000 companies worldwide, 163 of which are in the Fortune 1000, have one or more direct or "tier 1" suppliers in the impacted region, while at least 5 million — and 938 in the Fortune 1000 — have one or more "tier 2" suppliers.
This assumes a baseline forecast that the spread of the virus is contained by the end of the first quarter, restoring "normal economic activity" in the second quarter. However, the global economic toll would be "severe" if the rate of infection and rising death toll do not abate, with international supply chain disruptions amplifying the shock.
Dun & Bradstreet hypothesized that a major portion of Chinese employment and sales originate from companies within the impacted region.
That anyone, let alone D&B, is surprised is astonishing. Shutting down a country of 1.4 billion might, just might, have some repercussions. PRC will not be back to full steam until April, when, if this is like the common cold, cases will naturally drop.
The world is overestimating the COVID-19! He dies of hunger and tropical diseases much more than of COVID-19! COVID-19 is an exaggeration!
Oh no!!! Not the companies!!!
😳
Not the poor companies!! Forget about the people. What’s happening to the companies?
Who's 'research'?
Hopefully it is becoming obvious that cruise ships aren't the best places to hold people on, to stop the spread of Coronavirus because it seems like they are helping spread it around to even more people, maybe the Ventilation system isn't the best or hasn't been cleaned properly?
who cares as long as the fed printing press is on
Taking the “ work from home” concept to a whole new level