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Business Tianjin OUT! February 2020 Edition
Published on: 2020-02-08
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BT 202002 340x458BT 202002 QR PDFOn 31 December, 2019, World Health Organization (WHO) was alerted to several cases of pneumonia in Wuhan. The virus that caused this did not match any other known viruses. The local health authority later identified it as a new virus named 2019-nCoV belonging to the family of Coronaviruses, which includes the common cold virus and viruses such as SARS and MERS.

As of Saturday morning, February 8th, China has over 34,500 confirmed cases of the Wuhan coronavirus, leading to 722 deaths, and it has infected nearly 35,000 persons worldwide and 724 deaths.

Over 100 million people are under partial or full lockdown in Chinese cities. Moreover, the virus has spread globally to more than 25 countries. The number of infections and deaths related to the outbreak of this mysterious virus in China keeps rising, but economists and analysts have counselled caution, saying it too soon to sound the alarm about the impact on the global economy.

Foreign companies with significant footprints in China, such as Toyota, Airbus, McDonald, Starbucks, Boeing and Disney, are suspending operations, and many countries are instituting travel restrictions as they respond to the outbreak of the coronavirus.

Currently, the coronavirus is the Number 1 threat to global investors. They are becoming jittery regarding the uncertainty, and it could erase 0.5 - 1% points off China GDP growth this year against a baseline forecast of 5.9%. The Chinese economy has trembled following the outbreak, causing significant instability in the country, and the government will have to race against time to limit the impact.

Good news was when Director general of the World Health Organization said that the number of new coronavirus cases for last few days have dropped. However, the numbers could go up again, but the last few days were showing a declining trend.

We talk in this issue with Ivy Liu, General Manager of Banana Aviation, about her impressive career in the aviation industry, and her passion for her work. Ivy believes that women all over the world face different challenges in developing their careers.

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www.businesstianjin.com and follow us on our official Wechat account (ID: business_tianjin) for a complete list of articles and information.

Mary Smith

Managing Editor | Business Tianjin Magazine

This e-mail address is being protected from spambots. You need JavaScript enabled to view it



10 ECONOMY: The long-awaited trade deal

BT 202002 ECONOMY 0112 FEATURE STORY: The Electric Vehicle Revolution in China is Reaching New Heights

BT 202002 FEATURE 0114 COVER STORY: Passion and Respect Make Everything Possible

BT 202002 COVER 0120 INSPIRATIONAL: Patience and conviction: Harry Houdini


BT 202002 TRAVEL 01

26 REAL ESTATE: Why Turnover Retail Rents Make Sense

BT 202002 REAL 0128 INVESTMENT: Alibabas increasing role in chinas growth story

BT 202002 ALIBABA30 ENTREPRENEURSHIP: Why Start-ups Thrive in Co-working Spaces

BT 202002 STARUP 0132 IN DEPTH: Drone Delivered Meals Are Now A Thing

BT 202002 ELEME34 TAX & FINANCE: Enhanced Super-credit Value-added Tax Policy for the livelihood services

BT 202002 TAX 0136 TECH: Can 3D skin be printed on humans now

BT 202002 TECH 0138 E-BIZ: e-Network Marketing

BT 202002 EBIZ 0140 FOCUS: The Rise of Robots

BT 202002 ROBOT 0143 MARKETING: Sales and Marketing Events in China

BT 202002 marketing 0146 HR: Make Performance Management



58 ART & LEISURE: Tai Chi Chuan

BT 202002 ART 0160 BOOK REVIEW

61 LAST WORDS: Limiting the impact of the coronavirus spreadBT 202002 LAST 0 1

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