Corona virus Impact on economy

As we know today whole world fear from corona Virus. Its flow from Person to Person in which the most effected areas is chinese city Wuhan in which more than 14,000 people effected by this virus and more tha 200 people kills in china there sevrel cases reported in all over the world. pakistan, india, usa, uk, australia especially effected with corona virus.

Stocks in china plunged in early monday trading as investers returnd from long holiday to the prospects of the world No-2 economy virtually shut down by th corona virus epidemic.

Stock in shanghai 8.7 percent lower, while shares in the southren chinese boomtown of shenzhen fell 9% the markets had been closed since january. 23 from the Luner new year holiday and GOVT. officials extended that closeure until; maonday while the authorities dealt with the outback.

The damage could be confind to ASIA. Future market that predict the performance of stock in next days forcast tha positive opning for wall street and mixed day for shares in europ.

Pakistan stock exchange, USA stock exchange even all stock exchange going in loss. Shares in tokyo and australia were down about 1.5% in early monday trading. Stock in hongkong open about half a percent lower. so its hard time for all countries economy especially for china. 

A 44 year old man in phalpines has died of the corona virus, health officials said on sunday making him the first know health outside the china. The men the resident of Wuhan china the api centre in the virus died on saturday after developing what officials called ''severe pneumonia''

This is the first known death of someone with 2019-nCoV outside of china the world health organization office in the phalpines said in a statment using the technical shorthand for the corona virus.

Phalpines health officials said the man have arrived the country on jan-21 with 38-year old women remain under observation.

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