Cary Huang
Cary Huang

SCMP Columnist

Sino File by Cary Huang

Forget Sars, the new coronavirus threatens a meltdown in China’s economy

  • Sars’ fatality rate may be higher than Covid-19’s, but economically speaking the new coronavirus is far more deadly
  • This time around, a worst-case scenario of financial collapse, foreign exodus and large-scale bankruptcy cannot be ruled out