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→Economic impact in China
===Economic impact in China===
===Economic impact in China===
Most all major auto producers use at least 30% of auto parts manufactured in China. With the closing of factories and lockdown of 400 million Chinese, auto supply replacement parts are likely to rise. Conversely, Chinese oil demand was down 20% two weeks after the CCP alerted the world to the outbreak. With the ban on driving and closing of public transportation, oil prices are likely to fall,
Most all major auto producers use at least 30% of auto parts manufactured in China. With the closing of factories and lockdown of 400 million Chinese, auto supply replacement parts are likely to rise. Conversely, Chinese oil demand was down 20% two weeks after the CCP alerted the world to the outbreak. With the ban on driving and closing of public transportation, oil prices are likely to fall,