World coronavirus dispatch: Estimating the impact on US, China economies

A Nikkei survey of 29 economists predicts that China's economy may contract by 3.7 per cent in Jan-March quarter.

Cases of coronavirus continue to rise at an alarming pace in the US and parts of Europe. Meanwhile, efforts to find a cure are being strengthened. Johnson & Johnson on Monday signed a $1 billion deal (https://bre.is/Nf9ogeVk) with the US government to produce and distribute 1 billion vaccine doses by 2021. 

Let that be clear that there is, as of date, no cure for Covid-19 virus, which is known to cause severe respiratory ailment. Patients tested positive are put under a 14-day quarantine, some with the added support of ventilators, in the hope that the bodies would fight the virus