Coronavirus Outbreak Tests World’s Dependence on China

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A car manufacturing plant jointly operated by Honda and the Chinese automaker Dongfeng in Wuhan, China.




As British Airways cancels flights and automakers close factories, businesses consider how to cope without the country’s vast factories and thriving consumer culture.
The world is quickly learning how much it depends on China.
Ford and Toyota will idle some of their vast Chinese assembly plants for an extra week. Apple is rerouting supply chains. Starbucks has closed thousands of stores and is warning of a financial blow.
On Wednesday, British Airways suspended all flights to mainland China, while United Airlines and Air Canada are joining the growing number of carriers reducing service. Japan’s leaders are bracing for a possible hit. Hotels and tour operators across Asia are watching fearfully as the world’s largest source of tourism dollars tightens its borders.
The mysterious, pneumonialike coronavirus that has killed more than a hundred people and sickened thousands has virtually shut down one of the world’s most important growth engines. Desperate to slow the fast-moving virus, the Chinese authorities have extended the country’s national holiday to Feb. 3, and crippled land, rail and air transport. Entire cities have shut down.

An aerial view of residential and commercial buildings in Wuhan on Monday.

An impoverished nation just four decades ago, China has become an essential part of the modern global industrial machine. China alone accounts for roughly one-sixth of global economic output. It is the world’s largest manufacturer and trader.

CREDITS:nytimes.com

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