The Domino effect is catastrophic: companies despair in the fight against the death virus

China's radical measures in the fight against lung disease provide a great deal of confusion and prepare European companies in the country enormous problems. T

The Domino effect is catastrophic: companies despair in the fight against the death virus

China's radical measures in the fight against lung disease provide a great deal of confusion and prepare European companies in the country enormous problems. The EU chamber of Commerce in China said on Tuesday in Beijing, conflicting rules of the local Authorities it is extremely difficult, the work this week, after the – because of the Virus, as extended holiday over the Chinese new year again. "The scale of the challenge is huge," said chamber President Jörg Wuttke in front of journalists.

supply chains are interrupted. Also, products could not be shipped, which requires a mountain of papers. "It is a logistical nightmare," said Wuttke. Goods could not be passed on to the customer, and not to the consumer, brought. Wuttke appealed to the Chinese side: "cease to have conflicting rules around the country." The action of the authorities must be better coordinated and matched.

Worldwide shortages of antibiotics and other drugs

threaten Actually had China's Premier Li Keqiang already called a week ago to "return to work" and the provision of necessary goods. In the face of more than 70,000 infections, and nearly 1900 deaths from the Sars-CoV-2 Virus, the action to foreclose has been tightened in the country but rather still. The EU-President of the chamber, assumes that the severity of the health crisis in the second-largest economy "will not be over so fast". How do I put 20,000 euros? Our PDF guide shows you how to create your capital, despite mini-interest in a profitable way and an expensive Fall deal.To the PDF guide

Also on the world market there is a shortage of spare parts from China. Since there is hardly any planes and ships, could not be shipped. "Things out of China, is challenging," said Wuttke. Because of China's pharmaceutical industry was also severely affected, there could be a worldwide shortage of antibiotics and other drugs.

"We are definitely very concerned"

Complete lack of understanding expressed by the chamber of Commerce about the forced-to 14-day quarantine in Beijing for travelers from abroad and from the Rest of China. Wuttke said: "It's funny that I can be in Beijing on a plane in Frankfurt, not in quarantine, come." But, conversely, travelers from Germany, which is not affected by the Virus would have to., in China's capital in Isolation

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on Friday, The decree was in contradiction to the recommendations of the world health organization (WHO). "Who's going to still rise in Frankfurt on a plane to China, when he comes here in quarantine," said Wuttke. The statement claims the business. "We are definitely very concerned."

bankruptcies threaten: "The Domino effect is disastrous,"

Especially small and medium-sized companies affected by the crisis. Many might only take two to three bad months. So bankruptcies threatened, if not of the state, with loans and other support to help. "If this crisis continues for another month or so, it will be devastating for small businesses," said Paul Sives, representatives of the chamber of Commerce in southwest China.

While some companies are re-started, there was a lack of suppliers. In an industrial Park in its Region, only 5 out of 50 companies had resumed operation. "The Domino effect is catastrophic." But, every local district had its own set of rules, such as the production could be restarted.

heaters

stay out of fear of off A example, Some local Agencies required that employees had two face masks on the day. The company must provide a supply for two weeks. Other authorities requested that Employees be alternated every four hours with the mask, what would be the way to and from work to sleep. It does not give enough masks in China, which the company prevents to be able to resume work. The safest investments of all times

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"red tape and confusion are the most important words we hear from our members," said Carlo D'andrea, representative of the EU chamber of Commerce in Shanghai. A Problem is the heaters, which were issued in the office buildings, because will fears that the Virus could be spread through the Ventilation had been. It could not be worked because Workers are sitting in too cold temperatures in the office and in this way could catch a cold.

problems in cooperation with the EU

For many companies, the epidemic is a "Wake-up call," said Wuttke. It will be realized that the dependence on China is too big, "if this country is going down the drain". So not going to thinking of "to put all your eggs in one basket," and diversify in the next few years. Already companies have started due to the trade war between the United States and China in the past two years, also in other countries around.

The standstill in China and the strict quarantine rules in Beijing also hinder the cooperation between China and Europe. Whether it be to the planned visit of EU Commission President Ursula von der Leyen, on 30. March, come in Beijing, "remains to be seen," said Wuttke. Also, there is concern that the talks about the planned investment protection agreement between the two sides to move forward. So the EU can no longer travel negotiating team to Beijing. Take it away! Say goodbye to four thinking errors to become finally rich FOCUS Online René yield want take it away! Say goodbye to four thinking errors, to finally be the realm of the winter in April or hot in March? Weather expert gives spring forecast, the PCP of the winter in April or hot in March? Weather expert gives spring prediction

pom/dpa
Date Of Update: 18 February 2020, 15:00
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