Coronavirus to test just how reliant the world is on Chinese manufacturers, with Asia braced for shock wave

Manufacturing and logistics players reliant on China’s giant economy are braced for an incoming shock wave from the spread of the novel coronavirus, which is set to test “just how reliant we have grown on Chinese manufacturers”.The world’s second largest economy remains on lockdown, with factories in 14 provinces covering 70 per cent of China’s gross domestic product and 80 per cent of its exports ordered not to open until Monday at the earliest.The virus has claimed over 420 lives, the vast…