Announcement

Collapse
No announcement yet.

American Chamber of Commerce in Shanghai: Operating Environment Survey

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • American Chamber of Commerce in Shanghai: Operating Environment Survey

    17 - FEB - 2020
    The American Chamber of Commerce in Shanghai has just conducted a survey of member companies with manufacturing operations in Shanghai, Suzhou, Nanjing and the wider Yangtze River Delta. The survey was in the field from February 11-14 with 109 members responding.

    The purpose of the survey is to provide a clear picture of the operating environment as companies begin to re-open.

    Survey Highlights
    • 48% of companies report their global operations are already impacted by the shutdown
    • 78% of companies do not have sufficient staff to run a full production line
    • 41% of companies say a lack of staff is their biggest challenge in the next 2-4 weeks; 30% of companies say logistics issues will be their biggest concern
    • Over the next few months, 58% of companies expect demand for their output to be lower than normal
    ---https://www.amcham-shanghai.org/en/a...ai-mini-survey

  • #2
    U.S. firms in China report staff shortages, say coronavirus hitting global operations: AmCham

    Reuters
    FEBRUARY 17, 2020 / 3:13 AM / UPDATED 5 HOURS AGO

    Excerpt:
    “The biggest problem is a lack of workers as they are subjected to travel restrictions and quarantines, the number one and number two problems identified in the survey. Anyone coming from outside the immediate area undergoes a 14-day quarantine,” said AmCham President Ker Gibbs.

    “Therefore, most factories have a severe shortage of workers, even after they are allowed to open. This is going to have a severe impact on global supply chains that is only beginning to show up.”
    -snip-
    The AmCham survey also showed that a third of companies polled plan to move their operations out of China if their factories are unable to open, while nearly two-thirds of businesses expect demand for their products to be lower than normal.

    Comment

    Working...
    X