China’s pandemic caused by the rapid spread of the deadly novel coronavirus (2019-nCoV) and the Chinese regime’s failed response to control it has had a tremendous impact on China’s economy, as well as the world’s. Although it is hard to quantify the economic impact because of a lack of data, given the scope and magnitude of the pandemic inside China and its spread outside the country’s borders, analysts reasonably can conclude that it will result in a global disaster with serious economic effects.
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