Economics
Asia’s Big Economies Are Already Feeling the Coronavirus Impact
This article is for subscribers only.
Asia’s biggest economies are already feeling the brunt of the coronavirus shock.
Key gauges for manufacturing in Australia and Japan fell while early export orders for South Korea showed a slump in Chinese demand. Data from China showed car sales sank 92% in the first half of February while its Commerce Ministry said trade and inbound investment would take an increasing hit from the epidemic.