The Asian Development Bank forecasts that the coronavirus outbreak will cut Asian export activity by 7.1% year over year in 2020, including an 8.5% dip in exports from China. Not all countries are expected to fall with the Philippines and Vietnam expected to grow by 0.8% and 5.8% respectively. The Philippines saw a 2.9% year over year rise in its exports in February, led by shipments to Japan. Across Asia more broadly though the 14 countries that have reported data for February saw a 1.4% year over year decline on a weighted average basis. Globally, including the Americas but not yet Eur...
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