It’s The Supply Chain, Stupid! Why China/Coronavirus Will Impact Far More Than 17% of Global GDP

An estimate shows that a $10 billion decrease in Chinese manufacturing output would reduce the rest of the world’s output by $6.7 billion. South Korea, Japan and the U.S. in particular are likely to feel the impact, and taking into account the ripple effect on peripheral industries, production worth about $65 billion would be curtailed…

will actually occur.

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