[stupac2]

Re: China

I work with a large manufacturer in China and we talk to our counterparts over there frequently.   The South China factory we work with was shutdown for a 3-week period and started coming back on line two weeks ago.  As they came on line Wuhan was still on lockdown so a portion of their workforce did not come back to the facility - Specifically the folks who were in Wuhan for CNY.  The factory also had fairly strict rules in place for travel and I believe most folks were tested, had observed the quarantine and many were required to stay on site (dormitories are common at some factories).  There is talk now of opening up Wuhan in the next weeks (and some nervousness about that.).  But basically, the economy is restarting over the last two weeks.

As further corroboration of what I'm hearing, most US companies in my industry who are working with Chinese suppliers are seeing supplies flowing from China to the US.  As a third corroboration of China coming back on line, lift rates for cargo out of China are escalating due to the pent-up demand and high volume.  We are paying surcharges for slots on US bound planes.

I wouldn't be shocked if China numbers in local areas were fudged lightly but really don't understand why folks would discount data from the China experience.  That's not wise given they are ahead of us on this curve and have, at least for now, come out the other side.  That's not to say everything done in China will work here but it's a big world out there and we need to pull from best practices everywhere.

Same for us, our Chinese reseller is taking product as fast as we can ship it, which is nice. March is shaping up to be our best month ever, although a lot of it is robbing Peter to pay Paul, we'd rather have that product out the door then stuck on our shelves if we go into full lockdown.

[stupac2]

Re: China

I work with a large manufacturer in China and we talk to our counterparts over there frequently.   The South China factory we work with was shutdown for a 3-week period and started coming back on line two weeks ago.  As they came on line Wuhan was still on lockdown so a portion of their workforce did not come back to the facility - Specifically the folks who were in Wuhan for CNY.  The factory also had fairly strict rules in place for travel and I believe most folks were tested, had observed the quarantine and many were required to stay on site (dormitories are common at some factories).  There is talk now of opening up Wuhan in the next weeks (and some nervousness about that.).  But basically, the economy is restarting over the last two weeks.

As further corroboration of what I'm hearing, most US companies in my industry who are working with Chinese suppliers are seeing supplies flowing from China to the US.  As a third corroboration of China coming back on line, lift rates for cargo out of China are escalating due to the pent-up demand and high volume.  We are paying surcharges for slots on US bound planes.

I wouldn't be shocked if China numbers in local areas were fudged lightly but really don't understand why folks would discount data from the China experience.  That's not wise given they are ahead of us on this curve and have, at least for now, come out the other side.  That's not to say everything done in China will work here but it's a big world out there and we need to pull from best practices everywhere.

Same for us, our Chinese reseller is taking product as fast as we can ship it, which is nice. March is shaping up to be our best month ever, although a lot of it is robbing Peter to pay Paul, we'd rather have that product out the door then stuck on our shelves if we go into full lockdown.