Coronavirus: Risks to Asia and the global system

The economic impact of the coronavirus continues to be marked up as the impact on Chinese growth, as well as on the global economy, becomes more evident.

Global markets have sold off, and there are material risks to the year's economic outlook. In Singapore, the Straits Times Index is down by about 3 per cent since the crisis broke and estimates for Singapore's gross domestic product (GDP) growth this year have been lowered to around 1 per cent or below by several banks.

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A version of this article appeared in the print edition of The Straits Times on February 11, 2020, with the headline 'Coronavirus: Risks to Asia and the global system'. Subscribe