Impact of COVID-19 on Chinese Economy

COVID-19 has a significant impact on Chinese businesses and industries. Novel Coronavirus has struck China at a time when the Chinese economy has expanded more extensive and established more fabulous relationships with the world. The current strain of China's expansion will also hit the global economy harsher than earlier. Though China is currently suffering for it deteriorating economy from this lunar new year due to the epidemic, China has enough potentiality to overcome this outbreak of Novel Corona Virus and the unstable economic situation quickly as the country was proven before