A lone customer sits in an empty cafe in Beijing on February 5, as China fights to contain the coronavirus outbreak. Photo: AFP
Aidan Yao
Opinion

Opinion

Macroscope by Aidan Yao

Three ways the coronavirus crisis could play out for China’s economy in 2020

  • In the best-case scenario, the crisis may blow over by the end of the first quarter, and do minimal damage to the economy
  • In the worst case, if China fails to contain the virus’ spread, it could expect painful adjustments and possibly structural damage to its economy, with spillover impact on other economies
A lone customer sits in an empty cafe in Beijing on February 5, as China fights to contain the coronavirus outbreak. Photo: AFP
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