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EU business group chief: Synchronisation of supplies hampered in China due to coronavirus

1 month ago   |   By FXCM

Reuters reports the latest comments from the Eurogroup Business Chief, as he raises concerns regarding the supply chain issues in China due to the coronavirus outbreak.
Key Quotes:
Synchronization of supplies hampered in China by virus, especially in car industry.
Inventories in many companies getting sky high.
If supply problems for pharma firms are not resolved there might be a global shortage of antibiotics.
China's State Assets Regulator: Impact of coronavirus outbreak on industries will mainly show in Feb
EU's Centeno: Eurozone ministers discussed fiscal boost options as virus worries...
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