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| China-Japan-Koreas |
| New Estimates Suggest Chinese Tech Shipments Are About To Crash |
| 2020-02-20 |
| [Long Room] Now that Apple has opened the floodgates and made it entirely clear that China's economic collapse will slash revenue guidance on the year and lead to production woes through April, an onslaughter of earnings downgrades from other top technology companies with significant operations in China could be imminent. Evidence grows by the day of supply chains grinding to a halt as the second-largest economy in the world falters (as described here last week)... China - Output - Supply - Chains - Companies We've described how China's economic output remains frozen, and even if supply chains were able to restart, companies don't have enough capital to cover wages, or have delayed or stopped paying workers, suggesting that the Covid-19 outbreak has left businesses on the brink of disaster. Worse, workers can't freely move around the country, and many are subjected to travel restrictions and quarantines, which has forced a massive labor shortage. This is creating a perfect storm that could lead to an extended period of depressed factory output, triggering future shortages of products destined for Eastern and Western markets, and even more ripples across global supply chains. |
| Posted by:Besoeker |
| #15 I've been curious if the patented Coronavirus outbreak was CIA to break the Chinese supply chain. One argument against CIA involvement is that the operation seems to be successful. |
| Posted by: SteveS 2020-02-20 23:02 |
| #14 I also have NO sympathy for Apple, among many others. Apple has 245 billion dollars worth of cash in the bank. they have NO excuse for being vulnerable in this fashion. |
| Posted by: Thing From Snowy Mountain 2020-02-20 22:35 |
| #13 I severely doubt the CIA has the capability to do something like that. Among other things. |
| Posted by: Thing From Snowy Mountain 2020-02-20 22:34 |
| #12 I severely doubt the CIA has the capability to do something like that. Among other things. |
| Posted by: Thing From Snowy Mountain 2020-02-20 22:34 |
| #11 The fallout against America's markets will be labeled as Trump's fault in 3 - 2 - 1 |
| Posted by: warthogswife 2020-02-20 12:29 |
| #10 Huh...Moss, I thought I was the conspiracy guy. |
| Posted by: Skidmark 2020-02-20 11:18 |
| #9 /\ Unfortunately, Bexoeker, defying a certain degree of logic seems to pretty much define the whole world right now. No argument there AlanC. Orville Redenbacher crop dusting popcorn fields with Agent Orange.... Sort of where I was coming from. |
| Posted by: Besoeker 2020-02-20 10:15 |
| #8 Unfortunately, Bexoeker, defying a certain degree of logic seems to pretty much define the whole world right now. Just look at the Dems running for Pres or Zippy playing the neo-Ottoman card or the "nuances" of Brexit etc. etc. |
| Posted by: AlanC 2020-02-20 10:10 |
| #7 /\ I've been curious if the patented Coronavirus outbreak was CIA to break the Chinese supply chain. I discount very little. Nothing personal, but I fear this one defies a certain degree of logic. |
| Posted by: Besoeker 2020-02-20 09:56 |
| #6 Thank goodness the world had a year’s warning to look for and set up non-China possibilities while President Trump and China renegotiated — how much worse this would have been for everybody had the process not already begun. |
| Posted by: trailing wife 2020-02-20 09:50 |
| #5 I've been curious if the patented Coronavirus outbreak was CIA to break the Chinese supply chain. Or if it was a China Intel Op to break the Hong Kong protesters. ******* "Start with pharmaceuticals" - something ridicules like 90% of all our vaccines are made in China. |
| Posted by: mossomo 2020-02-20 09:46 |
| #4 Long overdue. Get busy. |
| Posted by: Lex 2020-02-20 09:10 |
| #3 “Improvise, Adapt, and Overcome” |
| Posted by: Besoeker 2020-02-20 07:09 |
| #2 Don't hold back, AP. Tell us what you think :-) |
| Posted by: Frank G 2020-02-20 05:39 |
| #1 OK. The supply chain is shattered from china. That's the reality. Now start new supply chains in the US and quit whining. Every disaster is a new opportunity. Start with pharmaceuticals. Get out from under the China boot. It's time to man up and make things happen. I hate whiners. |
| Posted by: Alaska Paul 2020-02-20 01:10 |