Short update before bigger Monday update

• Situation with office workers - much better, up to 60% local ones are present, up to 90% in some firms
• Situation with qualified factory workers - bad, around 20-40%, with more than 50% being below 30%.
• To make number better management hire everyone they can, also all have some bonuses, usually up to 1-2 month salary, just to show up.
• Situation with parts - severe shortages, can reach up to 90% of parts, minimum is around 20%
• Larger integrated factories feel batter, but also not good
• Real production in advanced sectors are still at 30% and below
• Current plan to reach 50% in March

Why Chinese Communism Could Be the Final Casualty of the Coronavirus

https://fee.org/articles/why-chinese-communism-could-be-the-final-casualty-of-the-coronavirus/

US Capitalist Party methods against epidemic are much better than China :)

OUR VICE PRESIDENT ( COVID19 Epidemic Czar Mike Pence) and team praying against the Corona Virus. Jonathan Williams sent me this photo from the White House. How blessed we are to have a government who prays.

Official White House Photo by D. Myles Cullen

In 2015, as Governor of Indiana, Pence allowed an HIV outbreak to spread, choosing prayer over a clean needle exchange. As a result of Pence taking the time to “pray on it,” citizens of his state suffered and died. In addition to rejecting evolution, promoting gay conversion therapy, and allowing a deadly HIV epidemic to spread by choosing prayer over science, Pence has also claimed that condoms are “too modern and too liberal.” Bottom line: Conservative Christians cheer while reasonable people are horrified at the sight of Pence’s team trying to pray away the coronavirus. Weep for the nation.

sorry @Vitaliy but this is just too funny....I heard Pence's strategy will be abstinence ! Yeah...that fee.org article is just pure capitalist propaganda. And that's proven by them using the already discredited animal market theory discussed therein. It's these types of think tanks who dream up criminal ideas, like using secret bioweapons on their economic competitors to get advantage.

While weekday traffic is getting back to normal, weekend congestion is essentially zero in Beijing and Shanghai although somewhat better in Shenzhen.

China's consumer price index (CPI), the main gauge of inflation, grew 5.2 percent year-on-year in February, the National Bureau of Statistics said on Tuesday. The growth, in line with market expectations, was slightly lower than 5.4 percent in January. On a monthly basis, consumer prices edged up 0.8 percent.

Food prices, which account for nearly one-third of weighting in China's CPI, went up 21.9 percent year-on-year in February, contributing 4.45 percentage points to the rise in the index as the novel coronavirus outbreak disrupted market supplies and demands.

Things are only beginning in China.

The coronavirus outbreak's impact on China's logistics system is easing, enabling stable shipments via China's online channels, according to industry sources.

Although sales in China's physical stores are still weak with an around 30-40% decline on year, transactions and shipments via online shopping platforms have already returned to normal levels, with Hubei province - the epicenter of China's coronavirus outbreak - being the only exception, the sources said. The logistics system in Hubei has yet to be fully restored.

The recovery of the logistics sector is also enabling shipments from manufacturers whose production is fast resuming, the sources said. At the moment, most makers' production lines see around 80% utilization rates, much higher than February's 40-60%.

looks pretty normal in Shenzhen :)

Foxconn Electronics (Hon Hai) has reported consolidated revenues of NT$347.65 billion (US$11.56 billion) for March 2020, up 59.9% sequentially but down 7.7% on year.

Not bad