As the outbreak of the new coronavirus spreads beyond China, the world's leading economies face great uncertainty. Equity markets plunged as the number of infections soared in countries such as South Korea and Italy. Analysts worry that further declines in stock prices could pose a drag on the real economy.
The Nikkei View
Coronavirus to test nations’ coordination in a globalized economy
Uncertainties in outbreak pose policymaking challenge not seen in 2008 crisis
People wear masks at Seoul Station. South Korea has seen a surge in coronavirus cases.
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