We got some interesting corporate news overnight: Apple announced early Saturday that it would close all of its stores and offices in China at least through Feb. 9.
Already, the factories of many of its suppliers have been impacted by holiday "Extensions" that will keep them closed through at least early Feb. As of midday on Saturday, at least 19 provinces, municipalities and regions have told businesses not to resume work before Feb. 10 at the earliest, according to CNBC, which also noted that Disney, Tesla several US airlines and myriad other American business have suspended operations in China.
Apple is closing ALL stores, corporate offices, and contact centers in China due to Coronavirus through Feb. 9, company says in statement.
When the WHO first declared that travel restrictions on China simply weren't necessary, even as Beijing quarantined more than 50 million of its own people, we wondered how the organization could possibly expect the world to listen, considering that Russia had already closed its border with China, and dozens of countries had already imposed some kind of restriction, while more than 40 airlines had suspended routes to China.
Then we heard Hong Kong Chief Executive Carrie Lam tell the people that complete shutdown of travel to China wouldn't be necessary.
The reason? To pressure the city government to close all borders with mainland China.
Walking around without a protective face mask? Well, you can't avoid these sharp-tongued drones! Many village and cities in China are using drones equipped with speakers to patrol during the #coronavirus outbreak.
https://www.zerohedge.com/geopolitical/second-chinese-city-bars-residents-leaving-their-homes-hong-kong-workers-demand-city
Already, the factories of many of its suppliers have been impacted by holiday "Extensions" that will keep them closed through at least early Feb. As of midday on Saturday, at least 19 provinces, municipalities and regions have told businesses not to resume work before Feb. 10 at the earliest, according to CNBC, which also noted that Disney, Tesla several US airlines and myriad other American business have suspended operations in China.
Apple is closing ALL stores, corporate offices, and contact centers in China due to Coronavirus through Feb. 9, company says in statement.
When the WHO first declared that travel restrictions on China simply weren't necessary, even as Beijing quarantined more than 50 million of its own people, we wondered how the organization could possibly expect the world to listen, considering that Russia had already closed its border with China, and dozens of countries had already imposed some kind of restriction, while more than 40 airlines had suspended routes to China.
Then we heard Hong Kong Chief Executive Carrie Lam tell the people that complete shutdown of travel to China wouldn't be necessary.
The reason? To pressure the city government to close all borders with mainland China.
Walking around without a protective face mask? Well, you can't avoid these sharp-tongued drones! Many village and cities in China are using drones equipped with speakers to patrol during the #coronavirus outbreak.
https://www.zerohedge.com/geopolitical/second-chinese-city-bars-residents-leaving-their-homes-hong-kong-workers-demand-city
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