Coronavirus Warning From Fitch To China

Coronavirus Warning From Fitch To China

Fitch reported that the most disruption to its supply chain due to the Coronavirus outbreak is expected to be seen in the electronics sector. “The biggest risk to disruptions in the global supply chain due to the coronavirus outbreak occurring in China is to the computer and electronic parts, " said Fitch Ratings, the international credit rating agency.” said in a statement. China Dec exports of goods and a statement electronics and computer parts have the highest share in the sum of since being closed some production facilities in China is expected to negatively affect the level of production on a global scale stated that. The statement noted that developments in China not only adversely affect domestic demand but also negatively affect the global supply chain. China's exports of electronic products, computers, mobile phones, and white goods totaled $ 386 Billion in 2015, Fitch Ratings said in a statement.