Dear @gbenga
Imagine my shock when I woke in the morning just to learn, that amount of infected people went up from 45k just yesterday to 60k today. I'm completely shocked and worried more than I did just 24h ago.
has been experiencing a high growth in GDP due to the amount of locally produced goods that are being exported to other countries in the world.
That's actually not true. Their GDP was growing for past 10 years mostly because of construction sector. Trade with the west = pennies.
However right now their GDP is already decreasing because property market has been overheating. "one belt one road" initiative is also slowing down. There is already many ghost towns build left and right. Chinese central bank has printing money like crazy and giving loans to developers.
All they needed to do: build, build, build. It's like running a business, which is not bringing much revenue but it's growing because of amount of money raised from investors / borrowed from banks. This could not last forever.
And current virus outbreak is most likely going to break this economy. I hope I'm wrong.
Solid read, upvoted already
Yours, Piotr