COVID-19: A global

Economic Threat
What is COVID-19 ??
▸ Covid-19 also known as Corona Virus initially
identified in the 1960’s
▸ Characterized by mild symptoms including runny
nose, sore throat , cough, fever..
▸ Virus is commonly spread by an infected person
coughing, sneezing or touching infected common
items such door knobs, remote controls..

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SARS vs. COVID-19
▸ Beijing ▸ Wuhan
▸ 2002-2003 ▸ 2019-20
▸ China % of world ▸ China % of world
GDP 2003-8.7% GDP 2019-19.3%
▸ 6th largest economy in ▸ 2nd largest economy in
the world the world

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About Wuhan
▸ Population around 11Million.
▸ Cultural and educational hub of China.
▸ Large industrial center, a regional hub & important
cog in the automotive industry.
▸ Third largest education and scientific base in China.
▸ Major industries include optic- electronic, iron and
steel manufacturing, pharmaceutical sector..

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Chinese Economic Impact
▸ China accounts for almost 1/5th of global
GDP.
▸ They have set an ambitious 6% GDP
growth target for 2020.
▸ Large area of the country is under
quarantine.

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Chinese Economic Impact
▸ Car makers are shutting plants and, coffee
outlets are closed and ports are quieter
than usual.(Jaguar Land Rover)
▸ Live stock farmers are running out of feed.
▸ Travel to other countries has been
curtailed.

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Industries affected by COVID-19 in
China

Travel Shipping

20XX 20XX

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Manufacturing Tech
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Global Reverberation of Corona Virus
▸ Manufacturing sectors affected – majority depend
on Chinese imports to complete their assembling.
▸ According to the reports- Hyundai has decided to
shut down its 3 south Korean plants due to
shortages of a wiring harness that is no longer
available from china.

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Global Reverberation of Corona Virus
▸ Global oil demand has been hit.
▸ Pharmaceutical industry is also bracing for
disruption to global production.
▸ Travel and tourism industries were hit – Global
airline revenues are expected to fall by $4-5 billion
in Q1 of 2020 due to flight cancellations. (3 Million
visitors/year to The US)

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Global Reverberation of Corona Virus
▸ Many trade shows and sporting events in china and
across Asia has been cancelled or postponed.
▸ US exports to China, which accounts for almost 1%
of US GDP suffers due to weaker demand.

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Global Market
▸ In The United States S&P 500 fell by 3.3% Nasdaq
sank 3.7%. Firms like Apple, Nike and Walt Disney
were down by 4%.
▸ The UK’s FTSE 100 share index closed 3.3% lower,
the sharpest since January 2016. Biggest Faller
EasyJet, which sank 16.7%, while Tui & British
Airways down by 9%.

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Global Market
▸ In Italy Milan’s stock market plunged nearly 6%
▸ Price of gold has hit it’s highest level in 7 years at
one point nearing $1,700 per ounce.
▸ Oil Prices fell by 4%. Price of Brent crude oil
dropped to $55.55 a barrel.

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80,424 Infected
That’s a lot number of cases

2712 Deaths
That’s a big number!

27,936 Recoveries
That’s a relief!!

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Conspiracy Theories

▸ Tito Sotto accusing China of using the Corona Virus

for military purposes
▸ Using the virus to attack innocent people
▸ U.S Military and NIA are directly involved
▸ China stole Virus from Canada to weaponized it.
▸ Russian scientists blaming U.S pharmaceutical
companies

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 Thanks!
Any questions??

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