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Caixin

Coronavirus costs China service sector $144bn in 1 week

Gloom pervades Lunar New Year holiday as people cancel travel and stay home

A robot serves meals at a Beijing restaurant in November 2018. Restaurant sales have plunged during what is usually the busiest time of the year.   © Reuters

China's coronavirus outbreak cost more than 1 trillion yuan ($144 billion) in losses to the restaurant, tourism and movie industries in seven days of the Lunar New Year holiday, economists estimated.

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