Page 9 - 2020 Special Report on the State of Business in South China

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kind to aid Wuhan, Hubei, and other areas in need 蝢??撌脩????憭?犖甇颱?餈????????憭批?????賜???
by mid-February. As a foreign non-profit, non-partisan 隞??摰嗥?????港艇撜颯?????冗隡??憿駁?敹?????銝??
business organization with long-term dedication to ?其葉?賣???銋??撣??銝??嚗????餈????撩??澈???
the public welfare, AmCham South China is continuing 憭????撟?12?????葉?啣??箇????蝘??瘥?歇蝏????
to make an all-out effort by calling on members and ????游????鈭??餈?10銝?犖嚗????鈭??鈭箸?鈭∴??嗡葉
individuals to donate funds and supplies to help 蝏?之憭?????銝????????憸??鈭粹?閬??敺??憟賬???
contain the virus outbreak, especially medical supplies 憭批??啁??賭犖?亥?嚗?2003撟渡?銝仿??交?批??貊頂蝏?遞
and protective items, including face masks, protective ???嚗?ARS嚗??餈??銝?銝?芋蝟??霈啣???2003撟港誑?伐?
caps, suits, goggles and disposable latex gloves. Our ?函?蝏?????鈭??????葉?賜?????函?GDP??16%嚗?
members have been working hand in hand with our 擃??敶????4%?????????鈭?之餈???賬??遙雿??撘?
Chinese counterparts to fight this outbreak. ?對?撠賜?????嗥?嚗???賢??函????????啜??2000撟?
隞交?嚗?葉?賢僎??????瘚??????選??嗅????銋??銝?
China has a strong public health system, but this 鈭?????摨????????餈??靘???曄?憭??蝔?漲頞????
is now more than just a China problem. WHO has 鞊～???鈭??瘙??撌亙??????嘀撌?????????園?隞塚?
called the virus a threat to global health. America has ??嘀撌?????????亙???????隞???寧?撌亙????
already seen over a dozen deaths caused by the virus. ?園?隞塚???蝏?漣???撖???孵???????鈭扯?瘙???塚???
Other countries such as Italy and South Korea have 銋?瓷??遙雿?辣霂??雿?????憭???豢?瘜?蕭頦???券?靘?
seen far more. The international community must 摨??嚗??甇文??暸?瘚?葉?賢?撌亙??嗡漣?賜?敶勗?嚗??銝?
come together to not only help China in its time of ?刻?撖孵???DP??蔣?????
need but to also intensify its own preparedness. The
virus that emerged in central China in December has ?蹂?隞交?嚗??????游????銝?蕭閫?葉敺??敺?憭???
infected over 100,000 people globally and has killed ??賑韏??????賢???蔡?餃僕鈭??敺瑞??ａ?颲曇?憪???
far too many people, the vast majority in China. ????瑁?嗉????Tedros Adhanom Ghebreyesus嚗??
霂湔?嚗????隞?????????嗆??亙之?????????蝏????
World leaders need to do better. The severe ???敹??霈堆?銝????遙雿???賣??餅?銝??甈∠????
acute respiratory syndrome (SARS) of 2003 is nothing ???????????嗥?瘥?歇蝏????犖隞?????瘜典??????
more than a vague memory for most Americans. ????望?????賣?改?雿?????霂???嗡?頞喉?????Ｗ?嚗?
The global economy has changed since 2003. China ??賑?賢???摹?????????蝑??摰???????銵??嚗??
now accounts for 16 percent of global GDP, up from 隞??蝏抒賒??葩蝐颱撮鈭?辣撣??????賡??押??
4 percent back then. And it is the world?? second-
biggest importer. Any weakness, however temporary, ???????????犖???鈭∪僎??????銝????憭?
is felt far and wide. The economy has not just grown ???????亥?皜??????菔”????喃噶銝???券??嗥???
since 2000, the country?? manufacturers have also ?寥????鈭??憭扯?撅?????銝??餈???函???憭批????
become entangled in supply chains of mind-boggling ?????晴??楊憭港?撠???暸??????敺??鞊??霂湛???賑
complexity. A factory in Wuhan may provide parts to ?????極雿?犖???隡??隡??銝??游????撠質?撠質提???
a firm in Guangzhou, which in turn supplies a factory ????湛????蝢????????撌仿????菔???頂鈭????
somewhere else in the world, with the final product 隡??隡??嚗?僎??2??????鈭????鈭??????嗥?瘥?O-
emerging in Michigan. Just-in-time production leaves VID-19???敶勗??????????????憭???寞???賑3??6
little room for delays. Many firms cannot trace all ?亙?隡??隡??????伐?95%???銝??93%??極?????
their suppliers, making it hard to predict the impact 餈????之蝥?80-85%??極雿?犖??歇蝏????極雿??雿????
of work stoppages in China on their output, let alone 憭??銝???典?????典???未霈暹????摰斤????銋?艇餈?
on global GDP. ??陸?亦???犖????具???隡??????典?隡??隡??餈??
?菔?靚??嚗?誑蝖?????撖嫣?銝??摨????蔣???????2??
For too long the world has operated on a cycle 摨??隞??隡??????踹??券?頧??銋??韏?24撠??隞亙?嚗?
of panic and neglect. We echo the UN health agency?? 隡??隡?????隡??????圈??曉????敺??鈭?圾?喋???
director-general Tedros Adhanom Ghebreyesus: ??e 2019撟湔????銝??摨?????瘨?晶???瘨?晶?嗆???馬
throw money at an outbreak, and when it?? over we ???銋??銝箸?韐寡???憪?????????其葉?賜????撣??
forget about it and do nothing to prevent the next ??蔣????函?憭折?????粹??箇?蝏??憓???曄?嚗????
one.?? The Novel Coronavirus is drawing much-needed 蝏???脰蔓??摹???鞊～?????????敺???橘?銝?????改?
attention to the possibility of a global health crisis.
Awareness, however, is not enough. The status quo
has made us all vulnerable. Lives will continue to be at
risk to similar occurrences without more action from
policymakers from across the planet.

The human toll of the virus is not the only major
problem at hand. It is becoming increasingly clear that
restarting China, the world?? largest manufacturer
and a giant of global trade, will be difficult even as the
country makes major strides to contain the outbreak.
I?? proud to say our staff and members are doing their
part. We contacted all of our members by telephone

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