Australia, South Korea, Brazil Are the Major Economies Most Exposed to China Trade
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China’s first-quarter GDP growth could slow to 4.5% year on year -- a record low -- because of the coronavirus, according to Bloomberg Economics’ scenario analysis. If that happens, a period of weaker imports will transmit the shock to trade partners. Looking at exports to China as a share of total exports, the major economies with the highest exposure are Australia, South Korea and Brazil.
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