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Parts and Accessories
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
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U.N. says Chinese parts shortage caused $50 billion fall in February's global exports
