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Global recession likely if coronavirus becomes pandemic: Moody's Analytics
short by Anushka Dixit / on Wednesday, 26 February, 2020
Moody's Analytics said that the world may dive into a recession if coronavirus becomes a pandemic. "Chinese business travel and tourism have all but stopped; global airlines are not going to China," it said. "This is a huge problem for major travel destinations, including in the US, where some 3 million Chinese tourists visit each year," Moody's Analytics added.