There's the old saying that when China sneezes, the world catches a cold. But these days the sneeze is rather serious – and the cold almost crippling in more ways than one.
Thanks to the deadly coronavirus, image after image of Chinese cities looking as if they’ve come from an apocalypse movie are beamed across the globe.
Streets and transport systems, usually packed and bustling with millions of people, are eerily empty and quiet. Factories, shops, schools, restaurants and theme parks have been shut down.
And all over the world’s most populous nation, citizens are hunkering down in their homes – many forced to do so by the authoritarian Chinese government.
Hubei, a landlocked province in central China – once a crowded hub of activity with connections to every part of the globe – is now the quarantined epicentre of the coronavirus, officially named COVID-19.
At the time of going to print 1 775 people in China had died, with five deaths outside mainland China – one each in Hong Kong, the Philippines, Japan, France and Taiwan.
More than 71 440 are infected with the virus and it’s spread to at least 28 other countries.
Although it hasn’t yet spread widely outside China, many are feeling the effects of this serious outbreak.
Experts unpack what this means for China and the world.
AFRICA FEELS THE PAIN
Practically every economy in the world has felt the effects of the coronavirus, thanks to China’s large role in business. South Africa is no exception.
“China’s economy is a global behemoth,” Cornell University economics professor Eswar Prasad told Time magazine. “A shock to China’s growth will have major reverberations across the world.”
China is Africa’s biggest trade partner, with about 10 000 Chinese firms on the continent.
Bu hikaye YOU South Africa dergisinin 27 February 2020 sayısından alınmıştır.
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Bu hikaye YOU South Africa dergisinin 27 February 2020 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
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