Infographic: © Financial Times
#Coronavirus economic impact so far:
1. Chinese growth will be 1.5 percentage points lower in the first quarter of 2020 compared with the same period in 2019, at 4.6 per cent.
2. Global growth is expected to be 0.5 percentage points slower.
3. Likely to keep the global manufacturing sector in recession in first half of 2020. Electronics and computers are most at risk
4. Economies in Emerging Asia look most vulnerable, as do firms operating in both the tech and electronics sectors.
5. Retailers, such as #LeviStrauss, #Ikea, #Nike and #Starbucks, have closed many stores in China. The #WaltDisney resorts in Shanghai and Hong Kong have also shut.
6. About 20 airlines have cancelled flights to China
7. #OxfordEconomics downgraded its annual growth forecast for crude oil demand by 200,000 barrels a day to 900,000 barrels
M.R. Raghu, CFA, FRM, FCMA is the Managing Director at Marmore Mena Intelligence