China's virus outbreak weighs on global business China's virus outbreak is giving global business a chill, with even the gaming industry taking a hitBEIJING -- Global business is catching a chill from China's virus outbreak, with even the gaming industry taking a hit. Forecasters including Barclays and Morgan Stanley say the outbreak could depress this year's global economic growth by 0.2 to 0.4 percentage points. Growth rebounded quickly afterward, and the global impact was limited. Lower oil prices mean cheaper gas for Western consumers but they hurt exporters such as Indonesia that use the revenues to help pay for schools, health care and social services. Even smaller companies are directly affected by the outbreak because of increasingly tight links with China’s nimble, efficient manufacturers.

Source: ABC News February 04, 2020 10:30 UTC