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Their market shut, traders in China’s Silicon Valley do business from bags – Source Reuters Tech News

SHENZHEN, China (Reuters) – While coronavirus fears curtail much of China’s bustle, traders are getting back to business at the world’s largest electronics market, buying and selling from bags and suitcases on the streets outside their shut premises.

A man wearing a face mask checks his mobile phone next to a trolley of boxes on the streets of Huaqiangbei, the world’s largest electronics market, following an outbreak of the novel coronavirus in the country, in Shenzhen, Guangdong province, China February 18, 2020. REUTERS/David Kirton

The Huaqiangbei area in the southern city of Shenzhen is home to dozens of multi-storey malls housing around 38,000 trading desks packed with reels of microchips, phone parts, and other components. The markets remain closed this week, with vendors uncertain of when formal business will resume.

But word traveled across groups on the WeChat messaging platform that some were doing business on the streets. By Tuesday afternoon, hundreds of traders…

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Source Reuters Tech News

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