As the coronavirus spread peaks, persistence and penetration are at this point uncertain.
For the time being, we believe it will remain a temporary, albeit profound and impactful, shock to the Chinese economy, with spillovers to trade partners in Asia and temporary disruption to the supply chain. The Chinese authorities have already proved themselves capable in preserving social stability and protecting economic stability, so we could see a V-shaped recovery in Q2. Coronavirus contagion concerns: Unknown territory The shock transmission will take place through a downturn in global trade and confidence. Being able to measure the impact, given the lack of available d...
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