HOW IS THE FOREIGN TRADE SITUATION AFTER NEW YEAR IN CHINA?

From late JAN 2020 ,the whole China production was in paused status for fighting with the new Corona Virus 

Now  2 monthes goes, seems the Virus in China are under control and factories reusme to work.

 But now CHINA's factories  find little work to do because foreign orders, have dried up 

And the freight forwarders and ocean liner also got less bookings than last year . 

The war with Virus seems become war on economy

We can focus on the business in SHANGHAI ,the biggest city in China

On the bright side some of the world's top financial institutions,  are increasing investments in China's financial hub Shanghai,

undeterred by the coronavirus,

Also Singaporean banker has applied to set up a majority-owned securities venture in the city, 

Shanghai also held an online opening ceremony for local branches of five global institutions 

China's Ministry of Commerce Monday warned that the foreign trade sector may face a decline in orders even though two-thirds of key manufacturers outside of Hubei, where the outbreak hit the hardest, have resumed more than 70 per cent of operations. 

Several exporters told Caixin that their business is worse than after the financial crisis of 2008. "The whole world feels paralyzed," said one.

In Yiwu, the world's largest small-commodity wholesale market in eastern Zhejiang province, a jewelry exporter said five per cent of its orders have been cancelled since last week, and those that haven't done so are considering scaling back or delaying shipments. 

"Last week, an Italian client suddenly told us they don't need the goods anymore," the jewelry exporter said. "Some clients are asking for a two-month delay in shipment."

The conrona virus is one global problems now 

all contries need to be united and fight with it untill we will  

Now matter shipping /foreign trade /investment , all industry are involved