Alaba International Market, the hub for electronics and electrical products in the country is teetering on the brink of shutdown following the ravaging Coronavirus.
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The Sun reports that the pandemic disease may cause traders in Alaba market to go out of business as their operations depend largely on getting stock from one of the epicentre of the virus, China.
The traders were running out of stock and if the untoward situation persists they would be left with no option but to close shops.
It is said that it has become totally impossible to import goods from the East Asia on account of coronavirus.
“The world is in economic crisis because of the Coronavirus. The last time that I went to China was November last year and right now I have almost run out of stock with the goods that I imported then. But the reality is that I cannot go back there until the situation is brought under control. Talking of waybills, a lot of companies in China have shut down because of the outbreak and it is even risky to pay money into somebody`s account the way the disease is spreading like Australian fire, you don’t know who has been quarantined,” one trader told the paper.
