A mother wearing a protective face mask in Beijing. The new coronavirus has already infected more people in China than Sars did in 2003. Photo: ReutersA mother wearing a protective face mask in Beijing. The new coronavirus has already infected more people in China than Sars did in 2003. Photo: Reuters
A mother wearing a protective face mask in Beijing. The new coronavirus has already infected more people in China than Sars did in 2003. Photo: Reuters

Coronavirus epidemic may be tougher than Sars on China’s banks if it persists, S&P says

  • The effect on China’s gross domestic product growth could be worse than Sars if the virus is not ‘swiftly contained’, S&P says
  • The shares of some of China’s biggest lenders have fallen by double digits in recent weeks as the health crisis has worsened
Topic |   Coronavirus pandemic
A mother wearing a protective face mask in Beijing. The new coronavirus has already infected more people in China than Sars did in 2003. Photo: ReutersA mother wearing a protective face mask in Beijing. The new coronavirus has already infected more people in China than Sars did in 2003. Photo: Reuters
A mother wearing a protective face mask in Beijing. The new coronavirus has already infected more people in China than Sars did in 2003. Photo: Reuters
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