The Coronavirus Gute Restaurants in China

A new report suggests almost a third of small businesses in China could not survive next month.


Fear of potentialcoronavirus The pandemic has seriously the people from around the world concerned about thehealth The risks presented by COVID-19 and are almost impossible to buy disinfectants and masks in local stores. But, according to aNew report byThe Washington Post, The most difficult businesses areRestaurants in China.

As a small restaurant will tell you, the savings of cooking management with fresh food using the treasury income of guests are a delicate balance. For its context on the gravity of the situation in China, the article of WAPO opens by showing a small restaurant of the city named Yao Tonghua, which faces a "serious cash crisis" afterwards of fears of coronavirus.

"Yao borrowed two months ago to fix $ 10,000 for a five-story building she hoped to become a sichuan cooking palace. Then came the epidemic. His seven cooks are now lounge around empty tables Meaning 100 guests. Vegetable reserve in the yard. Fish Bob Inside Tanks, neglected.

"I thought the disease was confined to Wuhan and would have little impact on a small and distant city like ours," said Yao, who considering throwing everyone and selling the restaurant with rod assembly losses, But she worries about not finding a buyer. "It's becoming more and more desperate by the day."

These are not just restaurants that hurt either. In a nationwide survey, last month, the University of Beijing found that half of China's small businesses, in general, short of species in the next three months - and one on Seven can be completely false in the coming weeks.

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Report for theTo post,Gerry Shih writes:

"Several weeks in an epidemic thatbrought the country to a stopChinese officials and economists are increasingly worried about the critical part of the economy: restaurants and retailers, karaoke halls and family plants - innumerable small and medium-sized businesses that use collectively 80% of Chinese workers and produce 68% of the country's business income.

"Only 30% of small and medium-sized national enterprises took over," Shu Chaohui, official at the Department of Industry and Information Technology, "said Tuesday. "It's a pretty severe situation." "

A university economist in Beijing told Wapo: "If people do not eat in the restaurants, it does not just affect the restaurant, but also the seafood supplier or the farmer. If people do not take clothes, which affects the silkmaker and weaver. The economic impact is not contained; It sends level ripples by level. "

TBD if and when a chain of similar event will happen here in the United States but one thing is certain: it does not seek so good right now.

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