According to RIA Novosti, referring to the Moody's report, the rating agency believes that the virus will have a temporary effect on the economy of China.
“According to our baseline scenario, we expect the outbreak of coronavirus to have a temporary effect on the Chinese economy, the growth rate of annual GDP in China will remain at the level of our forecast of 5.8% in 2020,” the forecast says.
Earlier it was reported that the Swedish furniture company IKEA will temporarily close its stores in mainland China due to the spread of coronavirus infection.
At the end of December 2019, information appeared that in Chinese Wuhan, dozens of people fell ill with an unknown form of pneumonia. It was later reported that a new type of coronavirus was the cause of the outbreak of viral pneumonia.
Various states have taken measures in connection with the appearance of the virus. For example, airports in the USA, Great Britain, Russia and several other countries began to check arriving passengers for a new type of coronavirus, some states closed the border, but 2019-nCoV continues to spread throughout the world. Infected already recorded in Russia, USA, Singapore, Vietnam, UAE, Germany, France and other countries.
More details in the material RT.