12:29 pm: IMF chief says coronavirus 'clearly more impactful' on global growth than SARS

IMF Managing Director Kristalina Georgieva told CNBC's Sara Eisen on Wednesday the new coronavirus that started in China is "clearly more impactful" on the world economy than the 2002-2003 SARS epidemic. "China was different [then], the world was different," said Georgieva, in an interview with Ivanka Trump from a State Department event on economic empowerment for women. During the SARS outbreak, China was only 8% of the global economy, Georgieva pointed out. "Today, China manufactures 28%, with possible impact through value chains on other countries." — Belvedere

From CNBC's daily summary https://www.cnbc.com/2020/02/13/coronavirus-latest-updates-china-hubei.html [cnbc]

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