As a drastic precautionary measure, the European nation of Croatia has implemented a new ban on all small packages shipped from China to Croatia using the Croatian Post (Hrvatska posta), as well as anything ordered and sent from China using AliExpress.
Even though the Wuhan coronavirus (CoVid-19) has yet to reach Croatia as far as government authorities are aware, the goal is to prevent this from ever happening by implementing preventative measures like this that nip that possibility in the bud, rather than have to respond to an outbreak after the fact.
While this certainly isn’t good news for the Croatian economy which, like our own, relies on a steady supply of Chinese imports, it could save lives, which is apparently the bigger priority here.
Experts predict that the economic impact of this decision will be felt in the form of higher prices for many consumer goods, and especially technological products. At the same time, decreased demand for oil in China due to the outbreak there has resulted in lower gas prices for Croatians, as well as for Americans and many others.
As the world’s biggest importer of oil, China in many ways sets the price of oil for everyone else based on its own demand, which has plummeted to historic levels as factories remain shut down all across the communist nation.
Listen below as Mike Adams, the Health Ranger, hones in on how communist China is knowingly fudging the numbers for infections and deaths from Wuhan coronavirus (CoVid-19) in an attempt to minimize the true economic fallout of this global emergency:
Part of Croatia’s decision to suspend all small shipments from China stems from the fact that major airline carriers throughout Europe, including KLM (The Netherlands), Lufthansa LH (Germany), and Turkish Airlines (Turkey) have all suspended their flights to China “until further notice,” which also impacts air shipments of packages.
“The postal items from China to Croatia come exclusively by air, and although the carriers have primarily suspended flights because of the passengers, the shipments cannot reach Croatia,” the Croatian Post explained, at the request of Croatian news outlet Poslovni Dnevnik, in a statement.
What about the shipments that were already slated to be sent from China to Croatia before the ban was issued, you might be asking? They’re all sitting in warehouses in China, according to reports, and will not get sent out unless the ban is lifted or Chinese merchants figure out another way to get them there that doesn’t involve airplanes.
“About one million shipments come from China on a monthly basis, and the total number of packages has been growing steadily in recent years, by up to 20 percent annually,” says the Croatian Post.
While the greater economic impacts associated with the ban might seem dire, it could actually boost Croatia’s own native economy by increasing sales at local online retailers – in other words, more people will be forced to buy local, at least for the things they can get that are still made in Croatia rather than in large, outsourced Chinese factories.
“Anyone who works with suppliers who will not be quarantined could profit in this situation or, for example, those who have a supply of limited goods,” says Sime Essert, CEO of Nabava.net, an online company that compares the prices of more than 200 stores throughout Croatia.
“It’s worth remembering the explosion of graphics card prices when the Bitcoin mining mania started.”
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Sources for this article include: