The spreading coronavirus has crunched rents for luxury homes in Hong Kong as wealthy individuals hesitate to sign leases.
Economic historians quibble over the exact consequences of the Black Death, though they agree that the sudden depopulation had a dis-inflationary impact.
More retail sales were already expected to move online over the past few years. The pandemic might accelerate that shift.
In addition to the economic impacts of the pandemic, they are being battered by the current oil production wars.
