With people unable or unwilling to travel to China because of the coronavirus, that dependence is wreaking havoc on commodities traders. MONIQUE FORD / FAIRFAX NZ DHL's pick-up, delivery and warehousing services in Hubei province, the epicentre of the outbreak, are currently suspended. It's another example of the challenge posed by coronavirus in physical commodity markets, and shows the problem of relying of hand-delivered paper documents in a complex, global supply chain. DHL's pick-up, delivery and warehousing services in Hubei province, the epicentre of the outbreak, are currently suspended, a spokesperson said on Monday. Over the past three decades, global companies have come to rely on Chinese manufacturing centres, where specialised suppliers cluster and make it convenient for factories to obtain parts when they need them.
Source: Stuff February 12, 2020 04:18 UTC