CHINA-ECONOMY: COMPANIES BEGIN TO REOPEN
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China's industry regulator said nearly all of China’s largest companies have reopened and the
majority of the country’s labour force has returned to work, though they will have to contend
with ongoing subdued demand as virus fears linger at home and bring other economies to a
halt. Chinese auto manufacturers are, however, operating at less than 40% of capacity, even
with most of their production facilities back online, Chinese shares opened sharply lower on
the last day of the trading week after the worst U.S. sell-off in more than 30 years but later pared
losses amid signs that markets in Europe and North America were stabilizing.
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