You are here

Wuhan virus: More short-term pain but lasting damage unlikely

Outbreak is likely to last between two and four months; impact on China's GDP growth would be limited to around 0.5%.

Hotel workers exercising in the lobby during a briefing in Wuhan on Tuesday about new regulations concerning the outbreak. China has taken decisive measures such as imposing travel restrictions in Wuhan and severely affected cities.

RISING concerns over an outbreak of a deadly coronavirus originating from Wuhan, China has stalled the risk-on market rally which began in October last year.

The number of confirmed cases globally has spiked more than two hundred-fold over the past two weeks to over 4,500 cases, including...