Factories in China remain shuttered as some regions extend shutdowns amid coronavirus outbreak
Shutdowns further extended
While it appears that business activities in some provinces will partially resume Monday, workers returning from other provinces are still subject to quarantine and some sectors, such as construction, will need to delay resumption of work, Morgan Stanley wrote in a report on Monday morning. "That ... is a major blast to the global value chain, not only for China, but the world. That's already, basically a month and a half without factories working," said Alicia Garcia Herrero, chief economist for Asia Pacific at Natixis.What we know about Foxconn and other companies
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