Coronavirus Closes China to the World, Straining Global Economy – WSJ

SHANGHAI The coronavirus outbreak is isolating China from the rest of the world. Rarely has such an integral part of the global economic system faced such an abrupt and open-ended freeze out. The consequences are beginning to be felt.

Uncertainty over the virus which has infected more than 14,500 people is disrupting worldwide trade and supply chains, depressing asset prices, and forcing multinational businesses to make hard decisions with limited information.

The U.S., and governments in Europe and Asia are enforcing new regulations to block visitors from China and screen returning U.S. citizens, while major airlines suspended flights to the country and companies pulled out expatriate executives.

via www.wsj.com