Japan, Singapore could be the worst-hit Asian economies in the coronavirus pandemic, says Moody's Analytics

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Japan, Singapore could be the worst-hit Asian economies in the coronavirus pandemic, says Moody's Analytics
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Japan, Singapore could be the Asian economies worst hit by coronavirus, says Moody's Analytics

economies could struggle the most in the coronavirus pandemic, an economist from Moody's Analytics said on Monday.

Latest official data in Japan showed the economy shrinking by 6.3% year over year in the three months to December, whileindicated that the economy contracted by 2.2% in the quarter that ended in March. "And then there is potential that in Japan, if the coronavirus spreads further, there could be more of a real lockdown rather than the kind of a soft lockdown that's in Japan right now," he added., have reported more than 13,000 infections — among the highest in Asia, according to data compiled by Johns Hopkins University.

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