S&P forecasts hit to China's economic growth in 2020 from coronavirus

Predicts virus will be contained in March

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S&P expects travel restrictions to be lifted by mid-Q2 in baseline case
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S&P expects travel restrictions to be lifted by mid-Q2 in baseline case

S&P Global Ratings has estimated that full-year growth in China will fall to 5% this year, down from its previous forecast of 5.7%, as coronavirus inflicts a "temporary blow" on its economy.

The ratings agency said it expects a peak hit to China's growth in the first quarter of 2020, with a recovery in place by the third quarter. S&P's baseline is that the virus will be contained globally...

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