Virus worries wipe $393 bil off China's stock market

...$393 billion reason why travel bans should have been in place even earlier.

Nobody wants their economy to converge with China's flailing economy.

China should also appreciate that it's in its own interest for the rest of the world to contain economic contagion now so that later on its own economy can converge with a healthy global economy when the virus has been beaten.

I don’t have any interests in anything Chinese - no worries....

So two days ago the Chinese govt try to boost the economy by injecting 173 billion and the market wiped off 393 billion. Talk about a major fail. Clearly not a big enough response. Bit like their response to the virus.

Virus worries wipe $393 bil off China's stock market

No doubt they will steal it back once this crisis is over. Or will threaten their puppet countries to cough up the money (using those countries' taxpayers' money, of course).

Remember the Bangladeshi Bank cyber-heist? $81 Million.

More to come.