Investors and analysts often look to the SARS outbreak in 2003 to gauge the potential economic impact from the latest coronavirus outbreak.
Here are four charts that show how SARS affected the Chinese economy 17 years ago.Disruptions in economic activity during the SARS outbreak dragged down China's growth from 11.1% year over year in the first quarter of 2003 to 9.1% in the following three months, according to data from the National Bureau of Statistics of China.
Analysts have said that retail is once again likely to suffer the most from the spread of the new coronavirus, especially after the Chinese government locked down cities and restricted travel within the country. The drag on China's industrial production from the new coronavirus could be more severe, some analysts said. That's becauseas authorities rush to contain the virus, they said.
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