- Perret-Green highlighted that at the end of 2002, the Chinese GDP was estimated at around $1.5 trillion, 4% of global GDP.
- By the end of 2019, this was $14.3 trillion and over 16% of global GDP.
- In the aftermath of the SARS outbreak, China was still experiencing rapid growth having just joined the World Trade Organization (WTO).
According to an article published in CNBC news, Chinese officials on Tuesday confirmed that the death toll from the virus, which originated in the city of Wuhan, had...
https://mfame.guru/lehman-type-moment-analysts-warn-markets-are-complacent-over-coronavirus-risk/