One fifth of American companies in China back to normal operations: Survey

More than one fifth of American companies in China are back to normal operations after widespread disruptions caused by the coronavirus epidemic, a survey showed Wednesday.Nearly a quarter of the respondents to the survey by the American Chamber of Commerce in China said they expected a return to normal operations by the end of April, although another fifth expect delays throughout the summer.”This is one of the areas that I think provides some sense of optimism,” the chamber’s president, Alan Beebe, said at a news conference accompanying the survey’s release.Close The outbreak began in the central Chinese city of Wuhan late last year, causing massive disruptions to business operations, supply chains and economic activity. The outbreak has killed more than 3,200 people and infected more than 81,000 in China alone. related news Coronavirus | No shelter for riot victims as Delhi clears Eidgah relief camp: Report Coronavirus | Warren Buffett in cartoon ad about proper hand washing YouTube joins other video streaming sites in limiting video quality to Standard Definition Half of the 119 respondents to the survey are experiencing revenue declines of over 10%, and 14% reported losing at least a half-million yuan ($70,784) per day as a result… Read full this story

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