Friday, March 6, 2020

'Coronavirus to wipe out $77-347 billion global GDP, hurt Asian nations'

The coronavirus outbreak has the potential to significantly harm the Asian economies, and the global economy may suffer losses of $77-347 billion, Asian Development Bank (ADB) said on Friday. The virus outbreak may impact developing Asian economies through sharp declines in domestic demand, lower tourism and business travel, trade and production linkages.
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