Analysts says the coronavirus contagion, and responses to it, will hurt China’s first-quarter economic results, with potential to spill into the longer term. Photo: AFP
China coronavirus: public health measures will hurt economy in the first quarter, analysts say
- Effects of disease control policies could see ‘economic growth slow by as much as four percentage points’ in the quarter, Plenum Group says
- Lockdowns within Hubei province could depress national gross domestic product another 1.5 percentage points, it adds
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Analysts says the coronavirus contagion, and responses to it, will hurt China’s first-quarter economic results, with potential to spill into the longer term. Photo: AFP