Tyson Foods (TSN) Tops Q1 EPS by 1c, Revenues Miss

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Go back to Tyson Foods (TSN) Tops Q1 EPS by 1c, Revenues Miss

New Zealand loggers, U.S. food exporters suffer from China's virus clampdown

February 4, 2020 4:36 AM EST

By Muyu Xu and Praveen Menon

BEIJING/WELLINGTON (Reuters) - The economic impact of China's coronavirus lockdown is being felt across the globe, with exporters, miners and manufacturers of everything from coal and timber to meat and fruit facing delays and potential shipment cancellations.

As the most populous nation and factory floor for many of the world's manufactured goods, China is normally the largest and most voracious consumer of a slew of global raw materials, fuels, and foods.

But the combination of an extended Lunar New Year holiday and the rapid spread of a coronavirus that... More