Covid-19 Exclusives: How Wuhan Affects Our Economy


Wuhan , also known as “Chicago of the East”, is the capital city of Hubei Province in Central China. It has a population of 11 million, a GDP of USD224bil, and as many as 230 Fortune Global 500 firms have a presence there. It is a transportation hub, a manufacturing hub, and a financial and commercial hub all rolled into one. Where industrial activities are concerned, it is big in automotive and oil & gas. Just as the 2011 flood in Bangkok and the nuclear power station mishap in Fukushima affected the global manufacturing supply chain negatively, the current novel coronavirus epidemic ...

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