People wearing face masks amid concerns over the coronavirus walk past a shopping centre in Beijing. Governments around the world are unleashing trillions of dollars to keep businesses and workers afloat. Photo: AFP People wearing face masks amid concerns over the coronavirus walk past a shopping centre in Beijing. Governments around the world are unleashing trillions of dollars to keep businesses and workers afloat. Photo: AFP
People wearing face masks amid concerns over the coronavirus walk past a shopping centre in Beijing. Governments around the world are unleashing trillions of dollars to keep businesses and workers afloat. Photo: AFP

Rich Asian families take defensive approach to conserve wealth as coronavirus outbreak wreaks economic havoc

  • The reluctance among some of Asia’s wealthiest families to rush for deals is potentially a warning sign for the global economy
  • However, some are still keen to invest, especially family offices in China where the economy is reopening

Topic |   Coronavirus pandemic
People wearing face masks amid concerns over the coronavirus walk past a shopping centre in Beijing. Governments around the world are unleashing trillions of dollars to keep businesses and workers afloat. Photo: AFP People wearing face masks amid concerns over the coronavirus walk past a shopping centre in Beijing. Governments around the world are unleashing trillions of dollars to keep businesses and workers afloat. Photo: AFP
People wearing face masks amid concerns over the coronavirus walk past a shopping centre in Beijing. Governments around the world are unleashing trillions of dollars to keep businesses and workers afloat. Photo: AFP
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