The magnitude of loss from the earthquake is very difficult to comprehend. I watch and read all I can about it. The numbers of dead, wounded, and homeless are heart wrenching. Our thoughts and prayers go out to all those in the affected areas.
As rescue efforts change to recovery and reconstruction we begin to turn our attention to business again as it will be the driver of recovery, long-term, for the people of Sichuan.
The article below discusses the impact of the earthquake on metals markets and availability. We are hearing varied reports on this, as can be expected with such a large disaster. On one hand we are hearing the availability of aluminum and zinc will be reduced and prices will spike in the short-term. We haven't seen this yet and other reports say we won't. The article comes down on the latter side of the spectrum.
http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b052164A
Soon we will go back to our series on pitfalls to avoid with Chinese outsourcing.
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