JSE slumps as world markets worry over spread of coronavirus
The virus is having a severe effect on Chinese spending with the country’s car sales falling 92% in the first two weeks of February
BL PREMIUM
21 February 2020 – 12:28
The JSE slumped on Friday morning along with global markets, as data showed that the coronavirus is having a severe effect on Chinese consumer spending.
New car sales in China plummeted 92% in the first two weeks of February, underscoring the potential economic effect of the ongoing outbreak.
Source: businesslive.co.za
