Beijing right now. 5pm local time today. Rush hour after office end.
70% of the businesses say they can resume production from March. The rest are unsure.
The whole Hubei province is in lockdown. No one can exit from his apartment without "once-in-two-days" pass.
Any business that wants to resume needs government approval. They have permitted very large companies right now. Foxconn says it never said will resume 50% production by end of Feb.
Huge fall in oil consumption in China. Oil tankers are standing still on port. No place to offload.
Still no sign of any loosening of lock down conditions anywhere.
We shall have a better picture of the outcome in the next month, when things are expected to resume.
17-Feb-2020 4:30 pm