Feb 12, China Daily/ANN -- The new coronavirus will deliver a sharp punch to China's economy, but it's not "a devastating blow", and recovery will be rapid without long-term damage, said economist Stephen Roach.
"I think the shock will last a little longer than the one-quarter hit of SARS in 2003, and the coronavirus comes at a time when China's economy has softened. It's serious, but it will be short-lived," Roach, a senior fellow at the Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management, told China Daily.