ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Will coronavirus trigger a recession? Economists calculate damage

China's growth seen to dip into 4% territory in first quarter

Economists believe a slump in private consumption will 'chill' China's economy.   © Reuters

TOKYO -- The spreading of China's coronavirus epidemic is weighing on the global economy, as some private-sector economists now predict that the country's quarterly economic growth will slow to a rate below 5%.

That outcome would deliver a shock to a country whose gross domestic product grew 6.1% last year -- the slowest pace in nearly three decades.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more