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03-06-2020, 02:51 PM
Filed under: Earnings/Financials (https://www.autoblog.com/category/earnings-financials/),Plants/Manufacturing (https://www.autoblog.com/category/plants-manufacturing/),Parts and Accessories (https://www.autoblog.com/category/parts-and-accessories/)
https://o.aolcdn.com/images/dims3/GLOB/crop/4500x2531+0+45/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-03/e1b2fc80-5fe3-11ea-9cfe-c95390cad238 China's exports of vital parts and components for products ranging from automobiles to cellphones are estimated to have shrunk by an annualized 2% in February, costing other countries and their industries $50 billion, a United Nations agency said on Wednesday. The world's second-largest economy - and epicenter of the coronavirus outbreak that has spread to 75 nations - accounts for a fifth of global trade in intermediate products. "There is a ripple effect throughout the global economy to the Continue reading U.N. says Chinese parts shortage caused $50 billion fall in February's global exports (https://www.autoblog.com/2020/03/06/china-parts-shortage-global-exports-fall/)
U.N. says Chinese parts shortage caused $50 billion fall in February's global exports (https://www.autoblog.com/2020/03/06/china-parts-shortage-global-exports-fall/) originally appeared on Autoblog (https://www.autoblog.com) on Fri, 6 Mar 2020 15:00:00 EST. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
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https://o.aolcdn.com/images/dims3/GLOB/crop/4500x2531+0+45/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-03/e1b2fc80-5fe3-11ea-9cfe-c95390cad238 China's exports of vital parts and components for products ranging from automobiles to cellphones are estimated to have shrunk by an annualized 2% in February, costing other countries and their industries $50 billion, a United Nations agency said on Wednesday. The world's second-largest economy - and epicenter of the coronavirus outbreak that has spread to 75 nations - accounts for a fifth of global trade in intermediate products. "There is a ripple effect throughout the global economy to the Continue reading U.N. says Chinese parts shortage caused $50 billion fall in February's global exports (https://www.autoblog.com/2020/03/06/china-parts-shortage-global-exports-fall/)
U.N. says Chinese parts shortage caused $50 billion fall in February's global exports (https://www.autoblog.com/2020/03/06/china-parts-shortage-global-exports-fall/) originally appeared on Autoblog (https://www.autoblog.com) on Fri, 6 Mar 2020 15:00:00 EST. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
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