Coronavirus Hits Big Business: These Companies Are Cutting Operations And Restricting Travel To China As Disease Spreads

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Numerous companies are closing shops in China.

to Wuhan as well as other Chinese cities. General Motors and Ford, while restricting business trips to Wuhan, have yet to suspend travel to other parts of China.

The Chinese government has locked down more than a dozen cities in an attempt to quarantine the coronavirus resulting in restricted travel for some 50 million people and complicated it for many others. A host of airlines, hotels, booking platforms and travel agenciesFurther reading:

 

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W Bank findings sugest that a pandemic of the same severity as the 1918 influenza pandemic cld reduce global GDP by 5%. Another study predicted incom loses of over 12% of gros national incom worldwid, including loses of over 50% of the gros nationl incoms of lower-income contries

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