What Brexit can teach us about the economic threat from coronavirus

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Sky's economics editor Ed Conway spells out the risks that the coronavirus outbreak poses to the UK and global economy.

Which countries? Primarily Asian ones: Hong Kong, Cambodia and Thailand among them.There will be a European impact too but it is likely to be less dramatic: as of last year the proportion of Chinese tourists in the UK were about 2% of the total.China is still the world's factory, where most stuff is made - and now many of those factories are being shuttered.

Still, in the meantime the business impact is primarily being felt by companies whose supply chains include crucial Chinese links.It's now down to the lowest level since 2018.

 

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So much for a Free Trade deal with Mexico and easy tariff free access to Corona Extra - 'la Cerveza mis fina' - f**king deadly that beer of extinction.

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