Markets expected to fall further as coronavirus hits China's economy
by Phillip Inman from on (#50233)
Manufacturing production levels in world's second largest economy dropped to record lows in February
World stock markets are expected to fall further next week after the first surveys of China's economic health since the coronavirus outbreak showed factory output has plunged and the country's service sectors have contracted.
Illustrating how the virus could wreck the economic forecasts of other affected countries, the world's second largest economy reported that manufacturing production levels dropped to record lows in February.
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