China regulator says epidemic's impact on industry 'major' in Feb

Authorities throughout China have implemented various curbs on travel and movement in order to contain the epidemic, which has killed nearly 1,900 and infected more than 70,000 in the mainland alone. Such steps in turn have hampered the ability of companies to resume production, receive raw materials or send products to clients, disrupting their operations.

BEIJING: The impact of the coronavirus outbreak on China's various industries will mainly show up in February, a vice chairman of the country's state assets regulator said on Tuesday, as containment measures disrupt production and supply chains.

Authorities throughout China have implemented various curbs on travel and movement in order to contain the epidemic, which has killed nearly 1,900 and infected more than 70,000 in the mainland alone. Such steps in turn have hampered the ability of companies to resume production, receive raw materials or send products to clients, disrupting their operations.