Tag: Consumer Behavior

SARS Stung the Global Economy. The Coronavirus Is a Greater Menace.

In 2002, when a lethal, pneumonialike virus known as SARS emerged in China, the country’s factories were mostly churning out low-cost goods like T-shirts and sneakers for customers around the world. Seventeen years later, another deadly virus is spreading rapidly through the world’s most populous country. But China has evolved into a principal element of […]

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How China’s Coronavirus Outbreak Could Threaten the Global Economy

HONG KONG — The outbreak of a deadly disease in China has cast a pall over growth prospects for the world’s second largest economy, raising fears about the global outlook if the mysterious coronavirus spreads or worsens. Financial markets across Asia fell on Thursday, led by sharp drop in stocks in China, as investors pondered […]

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