Virus Update: Outbreak Spreads to India, Threatens China Economy

The video discusses the rapid spread of a virus, with cases and deaths rising significantly. It highlights the economic impact on China, predicting a drop in GDP due to the virus, similar to the SARS outbreak. The government is taking measures to contain the virus and mitigate economic fallout through potential easing strategies.

What percentage increase in coronavirus cases and deaths was reported in the last 24 hours?

• 60%

• 45%

• 29%

• 15%

Which countries recently confirmed their first cases of the coronavirus?

• Japan and South Korea

• Philippines and India

• Brazil and Argentina

• Australia and New Zealand

What is the revised GDP growth forecast for China according to JP Morgan's economist?

• 6.5% and 7.0%

• 5.6% and 5.8%

• 4.5% and 5.0%

• 6.0% and 6.5%

What historical event is compared to the current economic situation in China due to the coronavirus?

• The 1997 Asian Financial Crisis

• The 2011 European Debt Crisis

• The 2003 SARS outbreak

• The 2008 Financial Crisis

What measures are authorities considering to cushion the economic impact of the coronavirus?

• Increasing taxes

• Reducing government spending

• Implementing targeted economic easing

• Raising interest rates