With each passing day the economic severity of the coronavirus crisis grows clearer. A global recession is now certain, along with crunching falls in trade.
Complex Asian supply chains and just-in-time production are vulnerable to shocks


An employee wearing a face mask works in a factory of printed circuit boards in Suining, China on Feb. 1: the coming crisis will accelerate other changes already under way. © FeatureChina/AP
With each passing day the economic severity of the coronavirus crisis grows clearer. A global recession is now certain, along with crunching falls in trade.