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RE: China and Coronavirus (COVID-19); Alibaba supports chinese marchants

in Project HOPE5 years ago

I am thinking that this disease will have a long-term negative impact on the world economy, I do not have business directly with Chinese companies, but I have read that it is currently the second largest economic power in the world, so it is almost impossible that if your economy He suffers from the paralysis and the health fence to control the disease, surely all the other economies in the world will have effects as well.

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China economy will affect a whole lot of countries economy most especially Africa as china loans a lot of african countries in billions of dollars as well as produces over 50 percent of the imported goods into Africa. COVID-19 is taking a wrong part with china but i think china is also good at minting fresh money. Also they are buying back shares in the chinese market so their economy still remains stable if it is not going up.

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