Japan’s Economy Minister Yasutoshi Nishimura warned of the economic impact of China’s coronavirus outbreak today. He said at a news conference, “there are concerns over the impact to the global economy from the spread of infection in China, transportation disruptions, cancellation of group tours from China and an extension in the Lunar Holiday”.
“If the situation takes longer to subside, we’re concerned it could hurt Japanese exports, output and corporate profits via the impact on Chinese consumption and production,” he added.
