The deadly novel coronavirus that has devastated the Chinese economy is having a ripple effect across the globe -- from small businesses, to international auto, tech, energy and tourism industries
In the city of Geraldton on Australia's western coast, a backlog of rock lobsters were recently stuck waiting in their tanks, with no market to go to. In New Jersey, a boutique has been unable to fill all its wedding dress orders. A small business owner in London can't source enough human hair extensions, wigs and weaves for its online sales.
The deadly novel coronavirus that has devastated the Chinese economy is having a ripple effect across the globe. And while it has hit the lucrative auto, tech, energy and tourism industries particularly hard, it is also hurting the small businesses that shape everyday life in just about every corner of the world. The coronavirus is already hurting the world economy.
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