Airline industry, Asia Pacific, Automotive industry, Business, China, Chinese economy, Coronavirus outbreak, Economics, Infectious diseases, Pharmaceuticals industry, Stock markets, Travel & leisure, World news
How coronavirus is affecting the global economy
From carmakers to airlines and hotels, the impact of the outbreak is punishing firms worldwide
The coronavirus outbreak is already having a damaging economic and business impact, affecting everything from tourism to the supply of parts to the automotive and technology industries. Stock markets have been volatile and China’s economy – which makes up one-sixth of the global economy – is expected to slow. The impact so far includes: