Virus hammers garment industries in Cambodia, Vietnam

[geovalin]

Lang Son (Vietnam)

 

Cambodia's multi-billion-dollar garment industry is at risk of chain disruption from the deadly coronavirus, its strongman premier said Monday, as the outbreak cripples Southeast Asia's key industries, bringing border trade to a trickle. The death toll from the virus, which emerged from Wuhan in central China, has reached over 3,000 worldwide -- the bulk of the fatalities in the mainland.

 

Beijing issued unprecedented lockdowns for cities and provinces most affected, bringing to a shuddering halt the so-called "Factory of the World" -- key to a global supply chain. The coronavirus has "shaken the global economy", said Cambodia's strongman premier Hun Sen Monday.

 

Cambodia is already feeling the sting with its $7 billion dollar garment sector reliant on China for 60 percent of its raw materials. Last week, the labour ministry announced 10 factories had downsized their production lines, leaving 3,000 workers out of work.

 

read more http://www.rfi.fr/en/wires/20200302-virus-hammers-garment-industries-cambodia-vietnam

[Deli]

This happens if you create dependency.

 

[Stargeezr]

One mean virus!  Putting a lot of the world on its knees, and the powerful leaders,

the elite and rich people cannot fight it any better than the poor people can.

Wow!

Geezer