Economic Affairs: Why the Wuhan virus may be worse than Sars

Given China's internal and global links, the economic impact could be far and wide, says associate editor Vikram Khanna.

Could the economic impact of the Wuhan coronavirus be worse than that of the severe acute respiratory syndrome (Sars) in 2003? Unfortunately, it's possible, if not likely.

While it's still early days - we are less than one month on from the virus' first reported outbreak just after the new year - if you consider the state of China's economy today compared with what it was in 2003, the linkages it has with the region and the world and the economic importance of Wuhan itself, a worse-than-Sars scenario cannot be ruled out.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month
  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

A version of this article appeared in the print edition of The Straits Times on January 29, 2020, with the headline 'Why the Wuhan virus may be worse than Sars'. Subscribe