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German Perspective - 19.01.21

19/01/2021

This week: Overseas business was dominated by the situation around the outbreak of the pandemic in Hebei province in China. The Chinese government has taken very strict action and sent the province, an important centre for leather manufacturing, into an almost complete lockdown. This is not only hitting the normal life and factory production, but also financial institutions and logistics. Some believe that it will just be a short-term measure because the outbreak will be quickly under control again. 

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