Alcohol prevents Corona?π
You gotta start buying something when Coronavirus
sells off.
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China is suffering both ways as in case of demand as well as supply. The demand has gone down drastically most of the materials whereas the supply has been terribly restricted because the companies have ceased to function. Since India is a prominent trade partner of China, it was evident that India would suffer the effect too and that’s what has happened. The coming days will see some stress if factory closures continue in China. Wuhan, the epicentre of the crisis, is home to some of the world’s largest computer factories. Hubei province, whose capital is Wuhan, is home to some of the world’s largest auto component makers. China is the world’s factory — it makes around 90% of the world’s 300 million computers a year, 70% of the 2 billion phones and 80% of the 110 million air conditioners sold globally.
Being a net exporter of steel, China is currently suffering
from excess domestic inventory. Oil and Gas is a sector which is indirectly
benefiting India as China is suffering from demand shortage. China is a huge
market for oil & gas and since their demand has got hit badly, India is
getting that oil at a cheaper rate. In case of Indian pharmaceuticals, they are
currently curtailing the supply disruptions from China however, if the
situation continues till June then there might be a knee-jerk reaction in the
form of a supply shock.
Automobiles and auto components is one of the worst hit
sectors due to Coronavirus. Tata Motors had to shut down its JLR (Jaguar
Land-Rover) operations in China and the effect could clearly be seen in its
share price. Hero Motocorp, TVS Motors and others have also suffered a
supply-chain disruption due to the Coronavirus outbreak. Since, China is a
major supplier of auto components to many of the Indian automobiles the
situation seems to be worsening up for the already ailing sector.
The Corona Pandemic is just what the Green wants. It slows down Carbon Economic activity. Less air travels,less industrial production and the termination of carbon spreading by humans that are old or have weak immune systems.On a serious note, a vaccinationπ needs to be developed soon
because not only the health but even the market getting affected badly.
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