According to a survey conducted by the American Chamber of Commerce in South China, a majority of the companies said that the supply chain disruptions due to the coronavirus pandemic-imposed lockdowns have eased, the South China Morning Post (SCMP) reports. Key findings “More than 78% of the 172 companies said they had no supply chain difficulties, an increase of 46% since March. Of the 22% of respondents that were still experiencing supply chain disruptions.” “Some 46% said it was because of problems in transport and logistics, according to the survey of US, Chinese and other multinational firms conducted between August 28 and September 8.” “Fully 46% of companies reported a drop in revenue in their Chinese operations in the first half of 2020. “ Market reaction Despite the optimism from the Chinese companies, the sentiment remains tepid amid growing virus cases in the Old Continent. S&P 500 futures shed 0.20% while the Asian equities reported moderate losses, tracking the sell-off in Wall Street overnight. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Beijing will not approve Tik Tok-Oracle deal – Global Times FX Street 1 year According to a survey conducted by the American Chamber of Commerce in South China, a majority of the companies said that the supply chain disruptions due to the coronavirus pandemic-imposed lockdowns have eased, the South China Morning Post (SCMP) reports. Key findings “More than 78% of the 172 companies said they had no supply chain difficulties, an increase of 46% since March. Of the 22% of respondents that were still experiencing supply chain disruptions.” “Some 46% said it was because of problems in transport and logistics, according to the survey of US, Chinese and other multinational firms conducted between August 28… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
