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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.

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