Stark reminder for all execs talking up SME exposure
The smaller, the more exposed to China
© Ninlawan Donlakkham
By Alex Lennane
Air freight demand is expected to plummet as consumers in Europe and the US are forced to stop buying by shops closing.
The automotive industry has already stopped requesting components as plants have closed; retail has cancelled orders – Bangladesh alone faces cuts in orders for apparel worth $2.67bn.
“Shopping is just not a priority,” said one forwarder. “The only real ...
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