Chinese Economy

Pedestrians wearing protective masks ride an escalator near an overpass with an electronic board showing stock information, in Shanghai, China March 17, 2020. (Aly Song/Reuters) China’s GDP is headed for a 9 percent drop in first-quarter year-over-year growth as the coronavirus, which originated in Wuhan and spread across China before…

Analysts have repeatedly underestimated the economic impacts of the growing Wuhan coronavirus pandemic. The latest data from China show that economic activity in January and February collapsed due to lockdowns and weak consumer demand. China’s economic doom could be an omen for the rest of the world. The stock market’s…

The Chinese economy is slowly recovering from the Covid-19 epidemic, with production facilities, stores and leisure complexes resuming operations after weeks-long closures. The coronavirus outbreak could have already “passed its worst,” the regional chief investment officer of UBS Global Wealth Management said as the number of new infections is declining…

For a man who campaigned on inflammatory rhetoric and made anti-immigrant policies a cornerstone of his agenda, it should perhaps come as little surprise that appears to be the next turn in Donald Trump’s defense against the coronavirus.With COVID-19 spreading across the US, Trump tweeted on Tuesday morning that “we…

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Image copyright Getty Images Shares in London have plummeted in early trading, with the FTSE 100 index of shares plunging 8%.It comes after big falls in Asia, with Japan's Nikkei 225 index down 5% while Australia's ASX 200 slumped 7.3%, its biggest daily drop since 2008.Markets have been rattled by…

Click here for The Motley Fool's resources on Coronavirus and the market. Many stores are back open, but sales have plummeted. In an unscheduled SEC filing on March 5, coffee-giant Starbucks (NASDAQ:SBUX) provided an update for its shareholders regarding its business in China. The coronavirus outbreak has been a major…

Photo: GettyGlobal oil demand is experiencing its most sudden and dramatic dip in history, and it’s all because of the coronavirus outbreak.IHS Markit, a London-based financial data group that hosts a major energy conference every year (which it canceled due to the outbreak), published a research alert on Thursday on…