At this point, small foreign business operating in China will go out of business due to supply chain shutdown and illiquidity. Mid sized businesses will have a huge one time cost/write off moving operations out of China. Large multinationals will move more parts of Chinese supplies to other countries.

China law blog can put it better than I can: https://www.chinalawblog.com/2020/02/whats-going-to-happen-w...

https://www.chinalawblog.com/2020/01/chinas-coronavirus-and-...