Hong Kong, 6th March: Yesterday, unsurprisingly, Hong Kong-based Global Sources cancelled all of its April sourcing exhibitions. The will result in lost revenues of US$60 million to US$70 million for the company.

Event venues are essentially closed in China, Hong Kong, Macau, and Taiwan. Events in Korea, Japan, and Singapore are largely cancelled or postponed. Some events in Australia, Malaysia and Indonesia and India are pressing ahead.