It’s “Official” – First Round of Olympic Shutdowns are Coming
Thursday, July 3, 2008 23:30Was just forwarded an article from Reuters entitled China to shut factories ahead of Olympics-sources where the lead paragraph says:
Authorities in Tangshan, an industrial city in Hebei province north of Beijing, have ordered 267 firms to shut down operations by July 8 to improve air quality ahead of the Olympics, government and industry sources said on Friday.
Update: I just found an article by Business week China: An Olympic Loss for Industry where the following quote came right off the screen:
“It’s now too late to try to get additional freight, too late to move production, too late to stockpile,” he says. “There are some very large, well-known companies that were caught completely off guard on this.”
So… once again I ask. Are you ready?
Have you booked your containers?
Are you stocked up?
What is your plan B should your supply chain be disrupted for 2 months?
To read my previous posts on the impact of the Olympics, you can go to my previous posts by clicking the Olympics