Apple Closes All Stores, Corporate Offices, and Contact Centers in China Through February 9 Due to Coronavirus Outbreak

[nicho]

There are 2,700 McDonald's restaurants in China, over 100 GAP stores, and only 40 Apple Stores. It annoys me that Apple will take the hit for store closures in the stock market this coming Monday, but McD's and other US companies in China probably won't.

McDonald's in the US only owns a 20% stake in McDonald's China. They're not particularly exposed.

 

[mikejd1]

only till 9th Feb? Better be 9th Feb 2021 then.

Im still curious how they came up with the 9th...what significance is that?

 

[AlanShutko]

Im still curious how they came up with the 9th...what significance is that?

I am guessing they just said "Ok, let's close for a week and see" and then picked the first monday after that.

 

[BuddyTronic]

Im still curious how they came up with the 9th...what significance is that?

One week extra beyond the usual lunar new year holiday - for the entire country actually.

Example:

"However, due to the widespread of new corona virus in China, a lot of transportation services have been shutdown. The government has released order to extend the Chinese New Year holidays to 2/9 and requested all country people not to move around."


China be Strong!

 

[MadeTheSwitch]

That ignores the fact that many citizens are prepared and have non-taxpayer funded sources of help. In particular, when one travels on business, the company is responsible for health issues or accidents that occur. As a result, all of the companies I've ever worked for pay for travel insurance which specifically includes coverage for medical evacuations.

Why should the taxpayer be stuck with the bill when my company has already paid for it?

Why should the taxpayer reward people who weren't responsible enough to buy travel insurance?

Why should the taxpayer pay for issues that affect many people, but not for more serious ones that affect a few? For example, somebody gets a heart attack in rural China? The government is going to say "too bad", which is exactly what travel insurance is for.

Here’s the reason: It wouldn’t be a good look for the U.S. (or any country) to let it’s citizens starve in a country that is in lockdown mode with food on store shelves running out and businesses closed. Do you really think the United States should just leave people there stranded withput help? It's not like the Chinese government will take care of them.

 

[konqerror]

Here’s the reason: It wouldn’t be a good look for the U.S. (or any country) to let it’s citizens starve in a country that is in lockdown mode with food on store shelves running out and businesses closed. Do you really think the United States should just leave people there stranded withput help? It's not like the Chinese government will take care of them.

Your post supposes a completely different question and misinterprets my response. I never said that the US Government shouldn't evacuate its citizens. I'm saying that the US Government should send the bill to businesses, individuals, and their insurers, who directly benefited from their foreign travel.

 

[MadeTheSwitch]

Your post supposes a completely different question and misinterprets my response. I never said that the US Government shouldn't evacuate its citizens. I'm saying that the US Government should send the bill to businesses, individuals, and their insurers.

Oh okay. I thought you meant pay up first.

 

[Pamela5]

How did you come to that conclusion/opinion?

The article stated that the Apple stores there aren’t closing, only office employees get time off due to the outbreak.

 

[I7guy]

The article stated that the Apple stores there aren’t closing, only office employees get time off due to the outbreak.

The article said only the online stores will remain open. The retail stores are closed.