And if the Americans stop spending $19 billion a year on gyms, that would be a much a bigger deal than if the 6.6 million gym members in China stopped spending the $6 billion they devote to gyms now.
Of course, not every service sector is so much larger than in China. Retail and restaurants, for example, have equivalent shares of gross domestic product in both countries.
But overall, the U.S. is substantially more developed on services than China is. And, on the other side, agriculture, a sector not noted for day-to-day social communication and so may be less harmed by social withdrawal, is a 10 times larger share of China’s economy than it is in the U.S.
Right now at this time China overcomes the situation and has 0 cases of coronavirus. And the other side U.S. has 2,77,000 cases in which 12,000 patients are recovered and 7,000 are dead.