Coronavirus: Economic impact explained by Peter Brooke
With almost 10,000 cases reported in the country, China is currently bracing itself for disruption in travel and business. Peter Brooke, Fund Manager at Old Mutual Investment, shares an economic insight into the matter.
Last week, the UN health agency based in Geneva had initially downplayed the threat posed by the disease, but revised its risk assessment after crisis talks. This comes after China reported on Friday that the death toll had climbed to 213.
READ: WATCH: WHO declares global virus emergency as death toll hits 213
Around 10,000 people in China are infected, and at least 18 other countries have confirmed cases. The International Relations Department has set up a 24-hour hotline for South Africans based in Wuhan and has provided contact details on its social media platforms.
Peter Brooke shares information on the matter and what it means for us in terms of investments. Listen to the audio as Brooke explains more.
READ: Coronavirus: Day 9 in isolation for Durban woman in Wuhan