News analysis

Virus threatens China's growth, Asian economies

Wuhan virus outbreak comes at a time when Chinese economy is facing headwinds

New: Gift this subscriber-only story to your friends and family

The impact of the Wuhan virus outbreak on the Chinese economy should not be underestimated, given that the tragedy has hit the country at a time when it seems to be more vulnerable.

The risk of contagion, not just of the epidemic but also in terms of economic damage, to other Asian economies cannot be ignored as well. Understandably, fear is gripping capital markets across the world as China undertakes the largest quarantine in human history to control the spread of the deadly virus.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Follow ST on LinkedIn and stay updated on the latest career news, insights and more.

A version of this article appeared in the print edition of The Straits Times on January 28, 2020, with the headline Virus threatens China's growth, Asian economies. Subscribe