China’s economy suffers amid coronavirus outbreak

China's economy suffers amid coronavirus outbreak

China is on track for its worst ever first-quarter performance as coronavirus containment measures bring the economy to a standstill.

Shops are closed, workers are unable to return to factories and ports have been put on hold as part of President Xi Jinping’s quarantine effort.

China’s index plunged from 50 points to 35.7 in January which is lower than its worst recording during the global financial crisis.

Image: AP

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