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The economic shockwaves of the Wuhan coronavirus look likely to eclipse the 2003 SARS crisis, as shares in China fell dramatically and analysts downgraded their forecasts for the countrys growth.
The Shanghai Composite index fell by 8 per cent today, the largest daily drop for more than four years, despite the Chinese central bank saying yesterday it would inject $174 billion worth of liquidity into markets.
As the number of infections in China climbed to more than 14,000, UK-based analysts Oxford Economics today cut its …
