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Epidemics and equities: What the coronavirous means for markets

For global corporations, Wuhan is an important hub. Of about 2,000 cities in China with factories and other facilities in Bloomberg’s supply chain database, the city ranks 13th, with about 500 facilities. The province of Hubei has 1,016, making it seventh of 32 such jurisdictions. US-based companies have 44 facilities there, and European ones about 40, the data show. Many plants are in the auto and transportation industries, and big names include PepsiCo Inc. and Siemens AG.

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Coronavirus: Over 2,000 people now infected globally, 56 dead in China

The World Health Organisation (WHO) this week stopped short of calling the outbreak a global health emergency, but some health experts question whether China can continue to contain the epidemic.On Sunday, China confirmed 1,975 cases of patients infected with the new coronavirus as of Jan. 25, while the death toll from the virus has risen to 56, state broadcaster CCTV reported.

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