Coronavirus `could cost global economy $1.1tn in lost income`
(The Guardian China)

Oxford Economics says virus already having `chilling effect´ as China factory closures spreadCoronavirus updates - liveThe coronavirus could cost the global economy more than $1tn in lost output if it turns into a pandemic, according to a leading economic forecaster.Oxford Economics warned that the spread of the virus to regions outside Asia would knock 1.3% off global growth this year, the equivalent of $1.1tn in lost income. Related: Dissent becomes the next victim of coronavirus as China cracks down What is Covid-19 - the illness that started in Wuhan? Continue reading...