Mar 02 | 2020
(Asia) Covid-19 Long-term Impacts on Supply Chains Uncertain
The far-reaching impacts of the coronavirus on global supply chains is causing firms to examine China’s role as a global shipment hub, potentially reshaping global trade routes.
While markets have recovered somewhat on Monday, a massive routing of global stocks last week has caused many experts to question China’s continuing role as the world’s manufacturing nexus.
“Using China as a hub ... that model died this week, I think,” said Vladimir Signorelli, head of Bretton Woods Research, in comments to Forbes.
With China having dominated global manufacturing for decades any significant changes are likely to have major impacts for breakbulk operators globally.
While markets have recovered somewhat on Monday, a massive routing of global stocks last week has caused many experts to question China’s continuing role as the world’s manufacturing nexus.
“Using China as a hub ... that model died this week, I think,” said Vladimir Signorelli, head of Bretton Woods Research, in comments to Forbes.
With China having dominated global manufacturing for decades any significant changes are likely to have major impacts for breakbulk operators globally.
