Corona Virus: This virus is affecting the economy, it will take more time to get out of slowdown
Corona Virus: This virus is affecting the economy, it will take more time to get out of slowdown
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The economy around the world is in the grip of slowdown and people are expecting it to come out soon. Currently, due to the outbreak of Corona virus, the world's second largest economy is set to have an impact on China, and China's faltering can have a big and bad effect on the world. In China, SARS, exposed a few years before the corona, killed hundreds of people and also had an impact on the global economy.

16 percent stake in economy around the world

China has been an essential part of the global economy since the SARS epidemic of 2003. Apart from this, it has developed into a world factory and products like iPhones originate from here. With this, it creates demand for many things. China claims that it has thousands of millions of wealthy consumers who spend on luxury products, tourism and cars. In 2003, it was estimated that China's share of the global economy was four percent, while today it is up to 16 percent. Has arrived.

SARS caused harm

8,098 people were sick and 774 died due to SARS. Although more than 700 people have died since the corona surfaced in Wuhan city of China, and 35,000 people from around 25 countries of the world are suffering from infection. Chinese authorities have also closed some other cities along with Wuhan. Despite this, the virus is continuously spreading.

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