Jan
27

Coronavirus Concern

The economic impact of the deadly 2003 SARS outbreak in China knocked 0.5% off annual GDP in Taiwan and Singapore, 1% in China, and 2.5% in Hong Kong. Impacts were negligible in the rest of Asia and trivial elsewhere. While China is much bigger today, the Coronavirus is much less deadly and Chinese containment methods have improved. Outside of fear, the impacts should again be economically limited and geographically concentrated.

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