Corona Virus hitting Chinese and World economy.

[Zlatan]

Companies warn of economic crisis as China fights the coronavirus

The government steps up support, not to boost growth but to ensure social stability

www.economist.com

Not looking good on a number of fronts.

 

[flecc]

Companies warn of economic crisis as China fights the coronavirus

The government steps up support, not to boost growth but to ensure social stability

www.economist.com

Not looking good on a number of fronts.

Indeed, it's going to be all about how quickly they get on top of it.

A pandemic would make a mess of the whole world economy.
.

 

[Wisper Bikes]

Unfortunately we are caught up with the problems surrounding the Corona Virus, our frames are ready to be finished but they are currently locked in the factory without workers to finish them! We are therefore currently running four weeks behind schedule, we hope it won’t extend further. We expect our Portuguese build to start in April.

I am in touch daily with our partners in China, the way things are going we can all envisage there being a huge shortage in eBikes by the summer.

All the best, David

 

[calebb]

it's so sad to understand

 

[GooserName]

Sad for me to hear about delays in productions as well. Don't know, maybe I have gotten completely stricken by this pandemic, but I feel the world is having a 3rd world war...(