I just talked to a Chinese business partner who normally works in Shenzhen but is at his family's in Zhumadian, a city just 300km from Wuhan.
-Zhumadian is on total lock down, the streets are closed and so are shops, due to several tens of thousands having travelled there from Wuhan for the Chinese new year. Being close to the epicenter, things are quite grim, but the person and his family are safe and in good health. They are staying inside, kind of trapped in their own house, trying to ride this storm.
-While some businesses opened on the 10th, this particular person's company/factory in Shenzhen is not allowed to reopen yet.
-Many people seem to have plenty of food reserves for now, thanks to buying in massively for the festivities of the Chinese New Year.
-It seems that the reopenings are limited to essential industries, such as pharmaceuticals and basic necessities. Reports of auto and tech factories producing masks, goggles and gloves instead of cars.
-No widespread reopenings going on yet, so basically China is still on lock down, thank god.A shortage of face masks has prompted Chinese companies from car manufacturers to energy providers to start making their own to help fight the coronavirus.
Auto companies including BYD Co. have reconfigured production lines to churn out masks that can help block particles and germs, with petroleum giant Sinopec and iPhone assembler Foxconn joining the fray. Some are also dabbling in disinfectant and goggles.
While China is the world’s biggest manufacturer, its current production capacity of almost 15 million masks a day isn’t enough in the current crisis. The quick switch from one product to another underscores China’s strength as a manufacturing powerhouse and highlights the urgency with which companies are trying to stop the deadly virus from paralyzing operations.
China has declared a “people’s war” against the most serious virus outbreak in decades that’s led to more than 900 fatalities. At stake is also the country’s economy, as companies struggle to resume production after a national Lunar New Year’s holiday that was extended to help contain the virus. Without proper safety measures such as masks, companies risk the outbreak spreading among employees.https://www.bloomberg.com/news/articles ... oronavirus