Supply chain : China and Africa

Cum Clave analysis N.12 preview.

We had speculated that the coronavirus would end in China by the end of March. It would have lasted a quarter. The Chinese have currently managed to keep human and economic damage under control. Now there is the opposite problem: the import of coronavirus cases from abroad: a paradox.

We live in times that are not very transparent and perhaps never have been, this statement concerns not only China, but the UN and WHO, and all the research foundations linked to the international system.

Some international flights to Beijing operated by Chinese carriers will be diverted to nearby cities such as Tianjin, Shijiazhuang, Taiyuan and Hohhot.

China is provisionally planning to hold its annual parliamentary meeting in late April or early May, where further choices will be made for the economic fabric in the supply chain and procurement sector with new strategies.

China will introduce trillions of yuan of fiscal stimulus to revive an economy that is expected to shrink for the first time in four decades.

A cut in the growth estimates planned according to four political sources is likely. Chinese leaders are considering reducing it to a minimum of 5% from the initial target of around 6% agreed in December. The 2020 budget deficit ratio up to 3.5%, up from 2.8% last year, according to sources.

We think it’s both a precautionary move, but they will pick up quickly……………………….

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