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China reported 113 new cases of coronavirus


Uh-oh. This is a big jump from the report of 39 the day before.

And the biggest increase since November 13.

China still aggressively pursues a “zero” policy, so this surge in cases is likely to see a rapid introduction of countermeasures.

From a global markets perspective, the risk is further disruption to supply chains and also to Chinese economic growth.

Pic is not China but everything is linked!

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