Tuesday, February 04, 2020

OPINION_ China’s Economic Contagion

THE WALL STREET JOURNAL

OPINION - REVIEW & OUTLOOK

China’s Economic Contagion

The world will pay a growth price for the Wuhan coronavirus.


Opinion: China’s Coronavirus Exposes Beijing’s Public-Health Deficiencies
The spread of coronavirus in China has led to a massive quarantine. However, the Government’s delayed response could have far-reaching consequences for Beijing. Image: Nicolas Asfouri



By The Editorial Board 
Feb. 3, 2020 7:18 pm ET

Some of President Trump’s advisers may want to wall off the U.S. and China into separate spheres of influence, but the novel coronavirus is showing the futility of economic quarantines. Like it or not, the Chinese and world economies sniffle and cough together.

Commodities prices sank on Monday amid news that the coronavirus and resulting economic contagion are spreading. U.S. crude oil prices have fallen 20% over the last three weeks as Chinese oil demand is expected to fall by two million barrels a day and global economic...

READ MORE: https://www.wsj.com/articles/chinas-economic-contagion-11580775531?mod=hp_opin_pos_2



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