Any slip in China's growth would affect the global economy

Any slip in China's growth would affect the global economy

China’s centrality to global economy makes coronavirus disruption more acute

Written by Pravakar Sahoo , Sara Grover | Updated: March 5, 2020 at 12:40 am

China is the second-biggest economy in the world. Any slip in its growth — the conservative estimate is 0.5 per cent as of now — would affect the global economy. The impact of coronavirus would be much more through trade routes and the shock to the global value chain.