China virus impact could cut 0.7% of GDP

Women wearing face masks. (Photo by Rene H. Dilan)

THE impact of the 2019 novel coronavirus acute respiratory disease (2019-nCoV ARD) outbreak could shave as much as 0.7 percent of the country’s gross domestic product (GDP) if it lasts the entire year, according to preliminary estimates of the National Economic and Development Authority (NEDA).