Despite Coronavirus Business (Almost) as Usual for Giant and Merida in China

TAIPEI, Taiwan – Next to the news that the daily number of casualties in China is now dropping; it's also reported that Giant and Merida have resumed their operations in China. Is it a first indication that things are normalizing in China? Amid these reports, the European Union announced that it is strengthening international efforts to slow the spread of COVID-19 for which it has set up an aid package worth 232 million euro.