Due to lockdown production of goods and services are being affected because workers are not able to go to their work place. Social distancing is paralyzing transportation, tourism and businesses in a big way. We all know that the Chinese economy is a big economy in export and import both ways. If this pandemic still continues it will surely have a negative impact on other countries. If we combined all serious economic consequences if this pandemic keeps spreading and its containment takes a much longer period of time we might be facing the world’s economy at its lowest rate in the new millennium history.
Let’s see how imports and exports have been affected by COVID-19: How COVID-19 is Battering Australia’s Imports and Exports
Best Regards,
Rob O’Byrne
Email: robyrne@logisticsbureau.com
Phone: +61 417 417 307
