Organigrama

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THE ECONOMY AND ITS SECTORS

par Txema Betes

Consequences of covid in the industry

The sectors most affected in its production during the first two months of the year

Electrical machinery: -25%

Metals: -27%

Textile: -27%

Transportation equipment: -28%

Automotive: -32%

What is the impact on business?

Mobility and job interruptions have led to sharp declines in Chinese consumption, squeezing multinational companies in various sectors

entertainment

consumer and luxury goods.

hospitality, electronics

the infrastructure

The tourism

education abroad

including aviation

Commodity prices have declined in response to a drop in China's consumption of raw materials, and producers are considering cutting production.

Travel restrictions and quarantines on hundreds of millions of people have left Chinese factories without labor or spare parts.

disrupt supply chains just in time and trigger sales warnings such as:

other industries

pharmaceutical

consumer goods

automotive

technology industries