TIISETSO MOTSOENENG: Coronavirus takes a toll on global economic activity
China's growth could shrink to 5.6%, while tourism, manufacturing and mining are already suffering
05 February 2020 - 18:26
A colleague asked this week why there’s so much panic around the new coronavirus. It’s not as deadly as the pneumonia-like virus called as SARS (severe acute respiratory syndrome), which broke out in China almost two decades ago.
Well, a few reasons: it’s spreading fast through the world’s most populous country — its case count surpassed that of SARS in under a month. There’s little information about it, and in the age of Twitter, WeChat and Facebook, the world is much more plugged in to what’s going on...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.