Amazon’s Achilles Heel: Coronavirus Limits Chinese Production

Amazon is very dependent on the Chinese global factory for its products. The #coronavirus has shut down factories in #China, slowing their production rates. This has #Amazon scrambling for alternative production sites. Already dozens of other companies have also indicated that the virus will take a toll on them, with #Apple cutting its sales expectations this week and airlines canceling flights to China. Capitalists rarely take into account the effects of natural disasters and epidemics on their profits.
Read in the Seattle Times

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