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UBS Asset Management’s experts have been speaking with contacts on the ground in China and across Asia to understand the ramifications of the coronavirus outbreak. Based on our most recent conversations, we analyse the short- and long-term impacts of the outbreak across key sectors, particularly in China, and show how coronavirus is changing behavior and industries.
Short-term impact
In China, many large companies and state-owned enterprises have resumed work, but smaller companies face more of a struggle. Depending on the sector and progression of the situation, it is estimated that the impact of work disruptions could last for one to two quarters. Government efforts to support China's economy have been considerable, including cuts...
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