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Opinion

Asia has little hope of economic recovery in 2020

Coronavirus, oil shock, weakened central banks all bode ill for struggling region

| Japan
Lujiazui financial district in Shanghai, pictured on Feb. 5: the coronavirus outbreak is nothing short of a human credit squeeze.    © Reuters

For Asia's leaders, 2020 cannot end fast enough. Just 70 days in, four of the region's top economies are already stumbling, the coronavirus outbreak is killing tourism and collapsing oil prices are adding to the sense of panic in markets.

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