If China’s economic growth slowed down due to the coronavirus, Turkey is the only country that will increase national income

While the number of people who died due to the coronavirus epidemic exceeded 700, life in the country came to a standstill due to the received statements. There are also ongoing discussions about how this crisis will affect the Chinese economy and how it will affect other countries. According to the analysis of the Financial Times newspaper that the case of a slowdown in China’s economic growth in many countries negatively affected by this crisis will be reflected positively on Turkey’s national income. The chart prepared by the newspaper not only drew attention to Turkey’s national income will rise.

HOW WILL THE CHINESE ECONOMY BE AFFECTED BY THE CORONAVIRUS?

FT writer Rana Forohoor wrote an analysis entitled “Coronavirus will hit global growth”. In the Forohoor analysis, he evaluated how the Chinese economy would be affected by the outbreak and its possible implications for other countries. “Who suffers the most from China’s slowdown?” In the analysis. There was also a graphic titled.

The graph shows estimates of how much this would affect the gross domestic product (GDP) of other countries if the growth in the Chinese economy slowed by 1 percent. Accordingly chart gross domestic product fell to 23 from 24 countries who hasılas only increasing in Turkey. slowdown in the Chinese economy will increase from 0.05 percent to 1 percent of Turkey’s gross domestic product.

South Korea is one of the countries whose gross domestic product will suffer the most, with 0.35 percent. This country is followed by Kong-Kong, Thailand, Malaysia and Japan. According to the estimate, there are Russia, Germany, Canada, Mexico, France, Italy, the United States, Spain, England and India in the regions of countries whose gross domestic product will fall.

TURKEY’S EXPORT, IMPORT than 7 times more

Turkey Statistical Institute (TSI), according to data in Turkey in 2019, while exports to China worth 2 billion 587 million US dollars from 18 billion 497 million dollars in this country has made imports. Accordingly, imports from China, exports from Turkey to this country seven times more. China; Russia and Germany one after Turkey’s most imports from third countries, while most exporting countries has the # 18.

CHINESE TOURISTS CANCEL THE RESERVATIONS

On the other hand Rana Foroho late January visit to Istanbul of the epidemic that affected the witness wrote in Turkey’s tourism. The author explained that he stayed in a luxury hotel in Istanbul, paying 250 euros for a thousand euro room. Officials at the hotel said that although the hotel was fully occupied in the same period last year, Chinese tourists did not come because of the coronavirus.