China Spooks Market With Coronavirus Cases In Beijing
China supposedly has some fresh cases of the new SARS coronavirus in Beijing, a city that has been left relatively unscathed by the pandemic all year.
Just as states there return to some semblance of normalcy, China joins the ‘second wave’ chorus, a chorus that began singing as early as April in the U.S., but has been largely off topic in China.
“A new breakout in Beijing coronavirus cases has raised further questions over the potential for a second wave,” says Joshua Mahony, senior market analyst at IG, a trading platform and financial services firm.
