Trump May Need to Fight Off Recession Coming from China

lennypartiv

Diamond Member
Jul 16, 2019
25,845
19,791
2,320
< As the numbers of infected and dead soar exponentially, China has been forced to lock down cities and shutdown factories for the next several weeks. The outbreak of the coronavirus will likely damage first-quarter economic figures for the country, reported the Financial Times. >

This could spiral out of control if the Chinese medical community can't find a way to contain this virus.

< Brende suggested the global economy could be entering a period of vulnerability where external shocks could trigger a global recession. The shutdown of major industrial hubs in China and collapsing consumption by Chinese consumers could certainly be a shock that will shortly impact the global economy. >

China Closes Foxconn, Johnson & Johnson, And Samsung Factories Amid Virus Outbreak
 

Forum List

Back
Top