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Economic implications of a SARS/Coronavirus outbreak

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qldfrog said:
Knowing China, they may not be pleased
You know the Saving face attitude
I expect a few gov orders there
Like the Australian coal ban months ago.
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Bigger picture, please. Russia has closed it (land) border. USA doing similar to us. Even Hong Kong
Garpal Gumnut said:
I've seen similar on pprune.org which is an airline pilots' website.
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it's on the ABC, it must be true.
https://mobile.abc.net.au/news/2020...o-travel-to-china-due-to-coronavirus/11920742
 
A paper newly published and not yet peered review finds uncanny similarities between that virus and hiv sequences indicating potentially man made genetic manipulation.
That virus research lab in Wuhan is probably shredding a lot of files.

But i do believe by many way it is irrelevant, i doubt the release was planned and we just have to live with the consequences.it is bad but not yet civilization killer, the worrying side is its mutation capacity..to keep an eye on.
I wonder what will be the impact on banks tomorrow.
Seen as refuge or hammered like the rest
 
Let's see if this works:

A股不哭：央行"开市后提供充足流动性" 30个措施护航



《通知》强调，金融系统要加强党的领导，增强“四个意识”，坚定“四个自信”，做到�
�两个维护”，切实把思想和行动统一到习近平总书记的重要指示精神上来，把打赢疫情防控阻击战作�
�当前重大政治任务，全力以赴做好各项金融服务工作

==================================

it says:
A share don't cry. chinese reserve bank will provide plenty liquidity , and provide 30 ways to support financial market/

and it is reserve bank to do their part to stabilize market, to get market react to this virus orderly and rationally , reserve bank will do their best to support this fighting virus war as central Gov. and Xi asked.
it is political agenda !!!
 
Dona Ferentes said:
https://finance.sina.cn/2020-02-01/detail-iimxyqvy9515930.d.html?from=wap

.. that is the webpage. From someone in Australia; earlybirds (best translation)

I'd take it as a positive for the markets??!!
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Yes China will suport its share market but will they buy crown casino shares, or bhp, stockpile iron ore when factories are closed..
Pay citizen to go in holiday here?
Both yuan and chinese market will be supported, not sure when it will reopen either
The problem i see is here, Europe and the US will be ok after a few jitters but our economy is f.cked.
My 2c only
 
This is a good test and time for Aus to wake up and start being more self reliant and sufficient. Being so. dependant on China is a weakness, and relatively speaking China by definition is ruled by the communist party which is the enemy of democracy
 
Yes, quite, guys. But it's better than the alternative. Somebody mentioned 2007, I suspect 2008 and its interventions may be as/ more appropriate. ( Market bottomed in March 2009?!)
 
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