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The Chinese New Year (CNY) of 2020 starts on Saturday, January 25th, 2020, which is earlier than most years, and officially lasts for 7 days. While many of us who work in Asia are painfully aware of the Chinese New Year, and the coming disruption to all production, many importers and Amazon sellers are caught completely off guard.
As if the rush to get your shipments in time for Christmas was not enough, you now have to make sure that your goods are ready well before your supplier closes the shop for CNY 2020. During this holiday, all factories are shut down, without exception.
While the official holiday only lasts for about a week, most factories are closed for an entire month, with disruptions lasting even longer.
This time of the year is especially risky for businesses importing seasonal products, such as outdoor furniture and swimwear.
- How importers can prepare for CNY
- Why and how CNY disrupts manufacturing in China
- How to avoid delays to the CNY
- CNY 2020 timeline and dates
- Lunar holiday disruption in Vietnam and Southeast Asia
Note: The general trend is that the CNY holiday is becoming shorter. Chinese manufacturers understand that this is a major disruption for both them and their customers. Many suppliers are also perfectly aware of competition from other countries in the region and how a month-long supply chain disruption is not exactly a big selling point. My best guess is that factories will limit their closure to around 2 weeks in the coming years.
Continue reading Chinese New Year 2020: How Importers Can Prevent Disaster