The Novel Coronavirus Disrupts the Entire Global Supply Chain

©iStock/Surlyapong Thongsawang

Even if you are buying from factories in India, Vietnam and Myanmar, many of the materials to finish off a product still depend on Chinese producers.

The deadly novel coronavirus that has devastated the Chinese economy is having a ripple effect across the globe. And while it has hit the lucrative auto, tech, energy and tourism industries particularly hard, it is also hurting the small businesses that shape everyday life in just about every corner of the world.

The food we eat, the work we do and the clothes we wear are all daily reminders of the vital role China plays in the global economy.

Read more about how the coronavirus is a daily reminder of China's global reach.

from The Global Small Business Blog https://ift.tt/2PmnAYr