Share prices in asia have reversed early losses after japans central bank promised to support markets in the wake of the coronavirus outbreak. The virus is continuing to spread across the world, with the total number of cases now close to 90,000 and the Economic Impact is growing. Factory activity in china fell at a record rate in february, as manufacturers closed their operations to contain the virus. Chinas official measure of Manufacturing Activity the purchasing managers index, dropped to 35. 7 from 50 injanuary thats their worst on record. China makes up more than a quarter of World Manufacturing and is the Worlds Largest exporter, so this drop will have a knock on effect on well known brands including apple, diageo and volkswagen. And thats got markets spooked. Last friday, the three main us indexes ended the week down 10 their worst week since the Global Financial crisis. The uks ftse 100 index meanwhile dropped 13 over the week, wiping a combined £210 billion, or 269 billion,
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