Singapore firms see mixed recovery as China lockdown thaws

Singapore

SINGAPORE companies in China, where the novel coronavirus first broke out, are experiencing mixed levels of recovery as the country unravels some of its strict social distancing measures and lockdowns.

Those in consumer-facing sectors appear more affected, especially with reports of new coronavirus cases - including in the initial outbreak epicentre Wuhan - stoking concerns of a second wave of infections. Also, some regulations on social distancing remain.