“Europe’s stagnant economy is vulnerable to a shock from China”
February 17, 2020
“Recession fears are stalking Europe again after Germany’s economy flatlined at the end of 2019. The coronavirus now threatens to slam exports to China. The German economy did not grow in the final three months of last year, setting up the country for a difficult 2020 just when it was meant to begin experiencing a revival.
Weakness in the world’s fourth largest economy reverberated across the eurozone, where growth slumped to a seven-year low of 0.1% in final quarter of last year. That makes Europe especially vulnerable to the looming hit from the coronavirus outbreak. More than 64,000 people globally have been infected, and China’s economy is still struggling to get moving again after the extended Lunar New Year holiday…”
https://www.cnn.com/2020/02/14/business/europe-gdp-germany/index.html