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SARS Slows China

Published 20030514

Mark.Schmittling@CORTEZteam.com

   

 

According to some economists, the SARS epidemic could slow down China's economic growth by  2.5 percent.  No factory closings, however, have as yet been reported in China.

China has adopted vigorous measures in order to control the flu-like virus.  Not only are factory workers being checked, but also health officials are "going door to door and taking the temperatures of individual citizens", according to an article in the Journal of Commerce.

The impact of SARS on Hong Kong has been particularly severe.  It's commercial activities have been reduced and are shifting to Shanghai.
 

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