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Jakarta Post

Indonesia alert to economic risks of coronavirus

  • Adrian Wail Akhlas

    The Jakarta Post

Jakarta   /   Thu, January 30 2020   /  12:12 am
Cover your mouth: People wearing protective masks to help stop the spread of a deadly virus that began in Wuhan shop for groceries at a supermarket in Beijing on Tuesday. A viral outbreak that has killed 132 people in China could reach its peak in around 10 days, a top Chinese government expert said on Tuesday. (AFP/Nicolas Asfouri)(AFP/Nicolas Asfouri)

Cover your mouth: People wearing protective masks to help stop the spread of a deadly virus that began in Wuhan shop for groceries at a supermarket in Beijing on Tuesday. A viral outbreak that has killed 132 people in China could reach its peak in around 10 days, a top Chinese government expert said on Tuesday. (AFP/Nicolas Asfouri)The government believes the spreading coronavirus in China will add to downside risks and uncertainties in the domestic economy as Indonesia’s largest trading partner braces for a blow to its economic growth.Chinese New Year, which took place in January, should have given momentum to China’s economy, Finance Minister Sri Mulyani Indrawati has told lawmakers. “The outbreak has resulted in the country failing to realize its economic potential."Each percentage-point decline in China’s growth rate results in a 0.3 percent drop in Indonesia’s, the World B...