CHINA-ECONOMY: COMPANIES RESUME OPERATIONS

On March 8, the Hubei Airport Group issued a notice to prepare for resuming operations. The notice said, according to arrangements by the Hubei Provincial and Wuhan Municipal Novel Coronavirus Epidemic Prevention and Control Command Center, each unit of the Hubei Airport Group should resume work starting March 10, each regional airport should complete preparation for resuming operations by March 12, each company should complete preparations for resuming flights and operations by March 16, and the group company and relevant government offices should inspect the preparations on March 17. A reporter from a Company who obtained information from someone close to the airport group, said “Now it is just in the preparation stage. Whether to resume flights is dependent on how the epidemic develops from March 15 to March 20.” [Comment: There had been several incidents in the past few weeks in which a local government planned to lift the “lockdown” but then reverted back, including: Wuhan allowed people to leave the city for few hours, Beijing rescinded a plan to resume operations for the movie industry, and Qianjiang City, Hubei Province retracted an announcement to unlock the city.]





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