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Coronavirus: will China lose its status as the world’s factory?

As the new coronavirus hits more countries, companies warn of the impact on supply chains.

As the new coronavirus hits more countries, companies warn of the impact on supply chains. We hear from New York-based economist Professor Ann Lee, who also wrote a book called 'What the US can Learn from China'. As Paris Fashion Week gets under way, some clothes makers have warned of potential shortages to come. Life Gear sells backpacks made in China from recycled material, and its owner, Magi Raible, explains how her business is affected by factory shutdowns in the country. And Steve Lamar, chief executive of the American Apparel & Footwear Association discusses how its members are impacted by coronavirus. Also in the programme, South Africa's finance minister Tito Mboweni has unveiled a budget which promises to cut the government's wage bill by $10.5bn over the next three years. The Βι¶ΉΤΌΕΔ's Matthew Davies brings us the details. Plus we have a report examining the rise of dating apps aimed at people in their fifties and older.

(Picture: Shipping containers. Picture credit: Reuters.)

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27 minutes

Broadcast

  • Wed 26 Feb 2020 15:32GMT