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Coronavirus Highlights Fragility of Global Supply Networks

Jaggaer

But even if containment has the desired effect, what are the wider consequences of shutting down schools, shopping centers, factories, transportation and supply networks? China ’ s economy has grown in leaps and bounds from roughly 4% of world GDP in 2003 to 1 6% today. The consequences on supply networks? million units.

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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.