Economic DOOM for US Companies doing business with China

 

Airbus has closed its aircraft production facility in Tianjin outside the Chinese capital Beijing due to the latest coronavirus outbreak, the aviation giant said Wednesday.

“China domestic and worldwide travel restrictions are posing some logistical challenges. The Tianjin Final Assembly Line facility is currently closed,” Airbus said in a statement.

The Tianjin facility, the first of its kind for Airbus outside Europe, is a completion center for single aisle A320 aircraft and can also handle the larger A330.

english.alarabiya.net/en/News/world/2020/02/05/Airbus-closes-China-plant-due-to-coronavirus.html