Chinese Economy

Covid-19 sparks one of the fastest slides since the second world warTHE SPEED of the sell-off in global stockmarkets is remarkable. On February 19th the S&P 500, America’s main index, reached a record high. Little more than a week later, it has lost one-eighth of its value. The change in…

IF CHINA IS the world’s factory, Yiwu International Trade City is its showroom. It is the world’s biggest wholesale market, spacious enough to fit 770 football pitches, with stalls selling everything from leather purses to motorcycle mufflers. On February 24th, as is customary for its reopening after the lunar new…

World markets got slammed on Monday, with investors unnerved by rising coronavirus concerns. An unexpected surge in confirmed infections within Italy and South Korea — which now has the largest cluster of cases outside of China — raised the possibility that the mystery virus could be mutating into a pandemic.—4:15…

Published on Feb 21, 2020The deadly outbreak of coronavirus, which has infected more than 75,000 people worldwide, is having an impact on the Chinese economy and markets around the world. Yahoo Finance anchor and reporter Akiko Fujita joined CBSN to discuss the economic fallout from the virus.Subscribe to the CBS…

The economist nicknamed Dr. Doom for his dire, but accurate, predictions says the coronavirus outbreak will rock the Chinese economy and send shockwaves to the U.S. and rest of the world.The disease, which originated in Wuhan, China, has led to the lockdown of more than 60 million people and caused scores…

Opinion By Dr. Ouyang Hui and Ye DongyanDr. Ouyang Hui is the Dean's Distinguished Chair Professor of Finance, Associate Dean for EMBA and a Professor of Economics at Cheung Kong Graduate School of BusinessYe Dongyan is a researcher at the Financial Innovation and Wealth Management Research Center at Cheung Kong…

Super vigilant. A woman in Shanghai on a vacant metro train uses a surgical mask and plastic gloves ... to avoid coming in contact with anything that may be infected by the coronavirus. (Photo by NOEL CELIS/AFP via Getty Images) AFP via Getty Images Last week, China was urged to…

When a financial crisis begins to unfold, it’s hard to assess the impact until well after the fact. The dot-com crash that started in 2000 and the subprime mortgage crisis that started in 2007 played out over several years. The S&P 500 recorded three consecutive double-digit losses from 2000 through…

Hong Kong (CNN)Weeks into the novel coronavirus crisis, the outbreak finally appears to be stabilizing in central China, where the virus was initially detected before it spread throughout the country and the world. Small outbreaks continue to fast expand elsewhere, however, not least of which on board the Diamond Princess…

Published: February 19, 2020 9:40:18 pm RBI Governor Shaktikanta Das at his office in New Delhi. (Express photo by Tashi Tobgyal)New Delhi, Feb 19 (PTI) The coronavirus outbreak will have a limited impact on India but the global GDP and trade will definitely get affected due to the large size…