If the coronavirus is not controlled before June, due to this, the global GDP may fall by 1%. In addition, Dun & Bradstreet said this on Thursday by a report. According to the report, the outbreak of the coronavirus has already affected China's economy on a large scale and may have an impact on global business as well. It is being reported that the World Health Organization (WHO) declared a coronavirus (COVID-19) outbreak as a World Health Emergency on 30 January.
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Chinese business activities generally remain sluggish in late January due to Lunar New Year holidays. This time, due to Coronavirus, this slowness has become very long, which is also affecting the global business. Now global trade is back on track, it depends on how soon the coronavirus can be controlled.
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Dun & Broadstreet has reported that 90% of China's economic activity is located in areas where the coronavirus infection is more susceptible. According to the report, 'the impact on China's economy will gradually expand and show the impact on the international level and if the outbreak of this virus is not controlled till June, it will cause global economic growth rate to be up to 1%. There may be a shortage.'
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