What Impact is COVID-19 (Coronavirus) Having on the Economy?
by media relationsFebruary 21, 2020
Coronavirus could impact 5 million companies worldwide, new research shows!
Global financial analyst firm Dun & Bradstreet analyzed the Chinese provinces most impacted by the virus and found they are intricately linked to the global business network.
The affected areas with a higher number of cases are home to more than 90% of all active businesses in China. At least 51,000 companies worldwide have one or more direct or “tier 1” suppliers in the impacted region, while at least 5 million have one or more “tier 2″ suppliers.
The lock-downs in China are and will continue to have a global impact as world supply chains are on hold due to the virus.
Roxton's official statement on the Coronavirus COVID-19 can be found at the link below:
With the mass amounts of misinformation being spread about the coronavirus, please, do not believe just anything you read. Check the source to ensure their credibility, where the information is coming from, and do further research. The WHO and CDC are the best places to gather factual information. This is where Roxton Industries gets our constantly updated information, along with reputable and credible news sources. Follow the link below to read where we got our information from!