Their market shut, traders in China’s Silicon Valley do business from bags

The Huaqiangbei area in the southern city of Shenzhen is home to dozens of multi-storey malls housing around 38,000 trading desks packed with reels of microchips, phone parts, and other components. The markets remain closed this week, with vendors uncertain of when formal business will resume.

"I think it's pretty funny, and the atmosphere here is great," said Xu Peng, a microchip trader in a crowd of about 30 traders outside one of the market buildings. Yet so far, police have left the traders at Huaqiangbei alone. An employee at the local government department responsible for virus safety inspections said the traders were not breaking any rules.

The virus outbreak is having a big impact, Cheng Weiling said through her facemask while checking her phone.Microchip and board trader Yi Liang agreed.Traders lose significant income while the shutdown continues, said Donny Zhang, CEO of Sand and Wave, a hardware consulting and sourcing company based in the Huaqiangbei area.

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

Chinese support measures buoy world stocksLONDON: Global shares were buoyant on Monday as the promise of further policy stimulus from China to counteract the economic hit from a coronavirus outbreak calmed nervous investors.
منبع: staronline - 🏆 4. / 75 ادامه مطلب »

Asean's tourist hubs court local market as coronavirus shuts Chinese outCORONAVIRUS | Southeast Asia is the favourite for Chinese tourists, the region's top foreign visitors.
منبع: malaysiakini - 🏆 20. / 51 ادامه مطلب »

HK celebrity Nicholas Tse shuts down cookie stores due to weak market conditions, sells it online | Malay MailKUALA LUMPUR, Feb 19 — Versatile Hong Kong celebrity Nicholas Tse’s cookies will only be available for sale online after he decided to close down the shop and pop-up stores selling the confection. Quoting a representative of Tse’s company, identified only as Wendy, Hong Kong’s Oriental...
منبع: malaymail - 🏆 1. / 86 ادامه مطلب »

Indonesia aims to boost ‘doing business’ ranking to 53rd in 2020JAKARTA (The Jakarta Post/ANN): The government hopes to up the country’s “doing business” ranking to 53rd place on the World Bank’s list this year in a bid to attract more investment into the country.
منبع: staronline - 🏆 4. / 75 ادامه مطلب »