There is growing alarm over the spread of the novel coronavirus (2019-nCoV), whose first confirmed case was reported in China’s Wuhan city. In fact, the evidence suggests that the novel coronavirus has more in common with the seasonal flu rather than SARS and MERS. Second, while the novel coronavirus is spreading across the world, the geographic spread is likely to slow as countermeasures kick in. China’s economy to bear most of the damageThe Chinese economy will certainly slow drastically in the first quarter of this year. But China’s economic managers are determined to protect the economy from a sharp downturn.

Source: The Edge Markets February 11, 2020 03:33 UTC