Source: https://www.worldometers.info/coronavirus/coronavirus-cases/

This has caused the government to impose some drastic measures to limit the spread of the virus. Measures include closing schools, factories, businesses and pretty much putting entire cities in quarantine. Even cash money is not safe, as the Chinese Central Bank has announced that it will destroy some cash in hard-hit areas to prevent contamination through the exchange of paper money. Understandably, these measures have been putting a lot of pressure on the Chinese economy. Opinions on whether this outbreak will have a big impact on the global economy have been divided.

However, recently the virus has spread to a lot of different countries. The most affected ones currently being South Korea, Italy, Japan, and Iran. So it is becoming clear that the outbreak will put pressure on an increasing number of economies.