OPINION

Coronavirus economic blow will be long-lasting

News, Chartchai Parasuk, Published on 13/02/2020

» Even though the coronavirus outbreak isn't over yet, economists are already counting the damage. Research houses estimate that China's gross domestic product (GDP) growth in the first quarter of this year could be less than 4% -- a sharp drop from the usual 6%-plus growth rate. Of course, the economic impact won't be limited to China, as its GDP represents more than 20% of the world economy.