The COVID-19 is an illness that is caused by a member of the coronavirus family that has been wrecking across the globe for quite some time now. This article serves to show that the devastation that Coronavirus has wrought has not just harmed China but the global economy as well. A pandemic has almost always had far-reaching consequences and throughout history, whenever there has been the slightest hint of a global pandemic, business, health, economy, and public life have suffered gravely.