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Coronavirus: Seizing opportunities in market turmoil
Volatility throws up chances to buy quality stocks amid expected short-term blip to growth
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A worker at a production line making socks for export in Zhejiang province in China last week. China's share of world output has more than doubled to 19 per cent since the Sars outbreak in 2003, so the impact to global growth from the fallout in China this time will be more pronounced, says the writer.
PHOTO: REUTERS
Vasu Menon
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Markets have alternated between fear and hope amid uncertainty about the economic implications of the coronavirus outbreak.
Consequently, volatility has returned and jittery investors have increasingly turned to safe-haven assets to seek shelter from the brewing storm.
