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How The Coronavirus Outbreak Is Affecting China and Global Economy

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Shala Yisrael
Shala Yisrael
26 Jan 2020

China's economic growth could fall below 6% due to cutbacks in travel and spending, economists predict. Luxury goods makers and travel companies could take a hit from a decline in Chinese tourism and spending. The impact could be similar to the SARS virus in 2002-2003, which pared China's economic growth temporarily. As health authorities across the globe are working to contain the rapid spread of the coronavirus, which has left at least 17 dead in China at last count, economists are grappling with the disease's impact on the global economy. Already, fears about the growing contagion has rattled stock markets and hit some travel stocks.

Stocks fell on Wall Street in midday trading

Thursday as worries mounted that the deadly outbreak could continue spreading and hurt the global economy. The central Chinese city of Wuhan, where the virus is concentrated, closed its train station and airport Thursday to prevent people from entering or leaving the city. The coronavirus has also been detected in four other countries, including the U.S.
https://www.cbsnews.com/news/c....oronavirus-in-china-

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3 Comments Sort By
mickybricks
mickybricks 2 months ago

sounds like the zippa head reporter suzy wong is more worried about china economy than people getting infected and dying. i say NUKE china

2 0 Reply
Shala Yisrael
Shala Yisrael 2 months ago

The virus is already doing it. People are falling like dominoes in the streets all over China and the virus has already hit the U.S.

1 0 Reply
sly35965
sly35965 2 months ago

"Greetings, There's More To This Than Just Eating A Bowl Of Bat Soup. Now, Soldiers Had Made An Upgrade - No More Bombs Attached To The Body's Parts. Soldiers Are Willingly Being Infected With A Silent Pathogen In Order To Exterminate Its Enemies Share...Thanks."

1 0 Reply
2 months ago

Like a parasite?

1 0 Reply
2 months ago

This is just too much.

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