Coronavirus and the implications for emerging markets

Hong Kong Chief Executive Carrie Lam, front, and other government officials wear protective face masks before a press conference in Hong Kong, Friday, Jan. 31, 2020. China has moved to lock down at least three big cities in an unprecedented effort to contain the deadly new virus that has sickened hundreds of people and spread to other parts of the world. (AP Photo/Achmad Ibrahim)
JOHANNESBURG – 
In addition to the tragic toll on human lives, the coronavirus outbreak in China brings potential economic and market implications for China and beyond.
Franklin Templeton Emerging Markets Equity team has been monitoring the situation and weighs in with some thoughts, comparing it to the outbreak of SARS (severe acute respiratory syndrome)  in 2003.
We are closely monitoring the impact on emerging market economies and equity markets from the outbreak of the coronavirus in China and other parts of the world. The situation is at an early stage and is evolving quickly. Both market and macro implications depend on the severity and duration of this epidemic episode.

Source: iol.co.za