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In December 2019, Chinese authorities discovered a new coronavirus in Wuhan, Hubei Province. The virus, now known as nCov-2019, has already infected more than 28,000 people and killed more than 560.
On this subject, Qatar National Bank said in a report seen (Namazat Group), that it highlighted last week the possibility that the Coronavirus will become a hindrance to economic growth. In emerging Asian economies, mainly by hitting tourism activity.
But as the virus continues to spread rapidly and the number of newly confirmed cases rises, especially in China, Qatar National in its report for this week took a closer look at the virus, focusing on Determine the direct impact of China's weak GDP growth on global GDP growth.
SARS was more lethal but less prevalent
The outbreak of severe acute respiratory syndrome (SARS) in the period 2002-2003 injured nearly 9,000 people in 17 countries and killed about 10% of the injured.
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By comparison, the 2019-nCov virus has already infected many more people who have contracted SARS, but it seems that the death rate of the new virus is much lower, killing 2 - Only 3% of those infected so far.
We can also take regular seasonal flu as another suitable epidemic for comparison in this regard.
The 2017/18 season was a bad season in the United States of America due to the spread of influenza, as symptoms appeared on 45 million people, but cases of influenza-related deaths were only 61,000 cases , Just 0.14% of those infected.
Strict measures were taken to contain Corona
<> To counter the growing incidence of the emerging coronavirus, the Chinese authorities have taken measures, including travel bans and quarantines, and the closure of factories and entertainment facilities.
