Coronavirus contagion risk prompts central bank action

Asian central banks deploy contingency plans and tell banks to minimise risk of virus spread

Coronavirus

When the coronavirus struck the Chinese city of Wuhan at the start of the year, no-one could have predicted the impact it would have. Central banks across South-east Asia are now trying to limit the economic, as well as human, cost.

At the time of publication, the virus had spread to 65,000 people, the vast majority of them in China, and killed more than 1,300. People have tested positive in 28 countries.

Over the past 40 years, China has risen to become the second-largest economy in the

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