Finance

It’s still far from business as usual

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An entrance to a closed McDonald’s Corp. restaurant is barricaded near the famous West Lake, usually a popular tourist attraction, in Hangzhou, China, on Tuesday, Feb. 11, 2020.

Qilai Shen | Bloomberg | Getty Images

BEIJING – Two weeks after the Lunar New Year holiday was originally supposed to end, Chinese businesses are still getting up to speed as the country deals with disruptions from a highly contagious virus.

The new coronavirus that began to grab national attention in mid-January has killed more than 1,300 people in mainland China. More than half of the provinces delayed the resumption of work from the first week of February by at least a week in an effort to keep people from interacting and spreading the virus.

In many places, businesses were scheduled to resume work this past Monday, but a variety of data indicates progress has been slow as the virus remains an unresolved concern. Many local governments have also imposed strict restrictions on entering certain areas and requiring quarantines of at least two weeks for people who have returned from out-of-town.

“The lockdown measures,…



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https://www.cnbc.com/2020/02/14/china-coronavirus-its-still-far-from-business-as-usual.html

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