S&P ratings agency says coronavirus impact could double China problem loans

Says China's FY growth will fall to 5% in 2020

• China's economic recovery from coronavirus seen in Q3
• coronavirus economic impact on China seen from Q1
• coronavirus impact may double questionable China bank loans

Headlines via Bloomberg

S&P are really not too far from consensus views so far. As we see developments from South Korea and Japan (ie. data on infections rates and mortality, which may carry more weight than figures out of China where doubts have been raised on the veracity of of the data) the consensus may change.

So far the news from South Korea is worsening:

• It seems the South Korean coronavirus infection number has jumped to 73 82