China shuts world’s largest electronics market amid COVID-19 outbreak
by ChemOrbis Editorial Team - content@chemorbis.com
Authorities in China’s southern city of Shenzhen shut down the world’s largest electronics wholesale market on Monday and suspended public transport nearby in order to curb an outbreak of COVID-19.
Three key buildings in the area, home to thousands of stalls selling computer components, mobile phone parts, microchips, and other components to manufacturers will stay closed until September 2.
All businesses in the affected areas will remain shut under a mandatory four-day lockdown, except for supermarkets, pharmacies and hospitals. Officials announced that cinemas, karaoke bars and parks would also be closed and large public events cancelled until Thursday.
Shenzhen, an international technology hub of nearly 18 million people, reported 35 cases on August 30.
Three key buildings in the area, home to thousands of stalls selling computer components, mobile phone parts, microchips, and other components to manufacturers will stay closed until September 2.
All businesses in the affected areas will remain shut under a mandatory four-day lockdown, except for supermarkets, pharmacies and hospitals. Officials announced that cinemas, karaoke bars and parks would also be closed and large public events cancelled until Thursday.
Shenzhen, an international technology hub of nearly 18 million people, reported 35 cases on August 30.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- March hints at further hikes in European PP, PE markets
- India’s PVC market dips to new lows on Taiwan’s March cuts, players seek signs of bottom
- Q1 turnarounds uplift Mid-East PP, PE markets in February; will it spill over to March?
- SE Asia’s indefinite PE shutdowns: A market in crisis as demand woes threaten survival
- Türkiye’s PPH markets perform better than copolymers in February
- Margin recovery priorities outweigh supply imbalances in European PVC markets
- Asian PVC demand stagnant; recovery hopes shift to end of Q1
- Tough slog in S Korea’s petchem industry spells disappointing 2024 financial results; will government's recent plan help weather the storm?
- China’s PP, PE markets face post-holiday supply surge and tepid demand
- A tug-of-war unfolds in Türkiye as PVC demand struggles against rising costs
