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Beware of Falling Snow...
The bad news is that China was hit by one of the worst snow storms it has seen in over 50 years. All transport and travel have been seriously disrupted with millions of Chinese workers being left stranded on the eve of Chinese New Year (China's biggest travel holiday by a long shot). The good news from a supply chain point of view is that many or even most of China factories had shutdown before the worst of the storm and chaos hit, so the disruption to production will be relatively minor. It's still no picnic over there, but the worst of it is over. See this article for more information.
Beware of Falling Snow...
February 7, 2008
The bad news is that China was hit by one of the worst snow storms it has seen in over 50 years. All transport and travel have been seriously disrupted with millions of Chinese workers being left stranded on the eve of Chinese New Year (China's biggest travel holiday by a long shot). The good news from a supply chain point of view is that many or even most of China factories had shutdown before the worst of the storm and chaos hit, so the disruption to production will be relatively minor. It's still no picnic over there, but the worst of it is over. See this article for more information.
Posted by Andy Mulkerin on February 7, 2008 | Comments (0)
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