Shanghai-based florist Wang Haiyan estimates she has already lost 10,000 to 20,000 yuan on unsold flowers as clients canceled events or postponed weddings due to the coronavirus outbreak in China See our full coverage here:
BEIJING/SINGAPORE - What is worrying Rao Yong more than the daily news updates of a virus outbreak gripping China is that he may soon have to shut his online handicraft store and tell the 1,400 craftswomen he employs he is no longer able to sell their work.
Businesses face widespread disruption as local governments order companies to extend their Lunar New Year holidays for at least another week and curtail transport links, while would-be customers stay home for fear of contagion. “It’s having a huge impact on the business,” said Rao, who buys embroidery from craftswomen in remote mountain villages. They can make about 2,000 yuan in a good month, he said.
Mall operators such as Dalian Wanda say they will temporarily waive rents and fees for commercial tenants nationwide. Other business owners told Reuters they may not have much time to wait for help or for public concerns over the virus to abate. “There’ll be a huge impact on staffing and orders from overseas,” which he will struggle to fill, Zhao said.
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