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Coronavirus Highlights Fragility of Global Supply Networks

Jaggaer

Since the outbreak of SARS in 2003, the last major epidemic to hit China, the country has become even more important as a source of key components and materials as well as finished consumer goods. China ’ s economy has grown in leaps and bounds from roughly 4% of world GDP in 2003 to 1 6% today. Telecommunications equipment.

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How to Stop Disruption in the Supply Chain From the Coronavirus

Veridian Solutions

More than 300 of the world’s 500 largest companies have a presence in Wuhan, with the city being one of China’s largest manufacturing centers. One of the many reasons that Wuhan is critical to the international supply chain is due to its role in shipping and transportation.