With Chinese exports coming almost to a near collapse with record lows in 7 years, we are beginning to see some dry exports building back up with exports to Australia. However we are seeing a change in normal supply and demand across the board for goods and manufacturing pieces coming out of China. At ATTS, we are keeping our eyes on the epidemic in China as this directly impacts our customers. While material shortages and work stoppages both inside and outside China are causing disruption to our customers, we are committed to ensuring as smooth a transition as possible through this time of uncertainty. Once the fear begins to subside and we have a solid timeline for work resumption in China, we anticipate business will be booming as companies try to make up for the Q1 slowdown due to COVID-19.
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