China, Then And Now: Why Coronavirus Is A Bigger Threat To The Global Economy Than Previous Outbreaks

Sixteen years after the SARS virus infected over 8,000 people and killed 77, the coronavirus is now sparking fears across the globe with no vaccine in sight.The coronavirus is likely to have a bigger economic impact than previous outbreaks thanks to a rapidly growing Chinese economy and its deeper commercial ties to the U.S. In 2003, when the SARS virus hit, China’s GDP was $1.6 trillion. Today, China’s GDP sits around $13 trillion.

Over that period, China has been a growth hub for U.S. companies looking for ways to boost their bottom lines. Now those companies are on the front lines of a growing health pandemic that’s infected nearly 10,000 people and killed at least 213. Some U.S businesses, like gaming giant Las Vegas Sands Corp. , had no operations when SARS hit in 2003.

Earlier this week Marriott said it was waiving cancellation fees for hotel stays through February 29, 2020, for guests with reservations at hotels in mainland China, Hong Kong, Macau and Taiwan. The waiver is also available for guests from mainland China, Hong Kong SAR, Macau and Taiwan traveling outbound to other Marriott destinations globally.Visitors to Las Vegas Sands properties in Macau are down 80% during a typically busy Lunar New Year season as the coronavirus hits the region.

No! This virus is a threat to the Chinese economy.

Francesc_Forex When there is a 10x typo in the first sentence (saying 77 instead of 770 DEATHS - hardly a small thing to get wrong), one tends to wonder what editorial/fact checking happens these days...

Because China isn’t telling the truth and neither is the US government?

It is china and as we all know the new war equipment and tools are not just guns but economic, biology and sciences.

Because it killing people rapidly without pause!

Awareness across

Here’s a look at China in 2003 and China now:

Thank animal agriculture for the same, whether it's H1 N1 (farming pigs), mad cow (farming cattle) & more recently Coronavirus

stop the propaganda

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