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China is acting fast to contain the spread of coronavirus but the risk of economic disruption is high, say Schroders' economists Piya Sachdeva and Azad Zangana.
Concerns over the spread of the coronavirus are escalating as the death toll has jumped to 81 with 2,744 confirmed cases worldwide (as at 11:00 GMT, 27 January). Travel restrictions on about 40 million people around Wuhan, in the Hubei province of China, have been introduced in an effort to contain the outbreak. However, cases of the virus have been confirmed in 13 other countries/regions as far away as France and the US. The outbreak has hit investor sentiment as risk assets such as shares struggle and demand for safe haven assets (i.e. those investors tend to favour in times of uncertainty, such as gold and...
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