“If we talk about the current impact, so far the influence is not very significant. But everything will depend on how long this situation lasts. Unfortunately, China is a factory of either final products or components for the whole world, ”TASS quoted his words during his speech at the opening of School 21 in Kazan.
Gref said that in the case of prolonged exposure to coronavirus, the Russian economy could suffer losses.
“And if this situation continues for a considerable period of time, I’m afraid that this could have a significant impact on the global economy as a whole, and on our economy as well,” said the head of Sberbank.
In January, Russian Energy Minister Alexander Novak said that the spread of coronavirus could potentially lead to a decrease in global oil demand.