Insurance company Euler Hermes suggested that US$320 billion will be trimmed from global trade per quarter due to business disruptions stemming from the coronavirus. Photo: ReutersInsurance company Euler Hermes suggested that US$320 billion will be trimmed from global trade per quarter due to business disruptions stemming from the coronavirus. Photo: Reuters
Insurance company Euler Hermes suggested that US$320 billion will be trimmed from global trade per quarter due to business disruptions stemming from the coronavirus. Photo: Reuters

Coronavirus: China’s trade economy slowly coming back to life, but US$190 billion export hit expected

  • China’s seaborne imports and exports are close to returning to normal, data shows, but other metrics suggest more pain lies ahead for its trade economy
  • Report predicts a US$320 billion hit to global trade in the first quarter, with US$190 billion of that for China, as the coronavirus ravages production and logistics

Topic |   Coronavirus pandemic
Insurance company Euler Hermes suggested that US$320 billion will be trimmed from global trade per quarter due to business disruptions stemming from the coronavirus. Photo: ReutersInsurance company Euler Hermes suggested that US$320 billion will be trimmed from global trade per quarter due to business disruptions stemming from the coronavirus. Photo: Reuters
Insurance company Euler Hermes suggested that US$320 billion will be trimmed from global trade per quarter due to business disruptions stemming from the coronavirus. Photo: Reuters
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