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Money Talks from The Economist

Money Talks: Market contagion

Money Talks from The Economist

The Economist

Finance & Economics, Business News, Economy, News, Business

4.4 • 1.2K Ratings

🗓️ 28 January 2020

⏱️ 23 minutes

🧾️ Download transcript

Summary

Concern over the new coronavirus caused global stockmarkets to fall. Could the Wuhan virus hurt economic growth in China more than the SARS virus did? Also, how can India’s economy recover from “stagflation”? And, the “father of disruptive innovation” has died—the legacy of Clayton Christensen’s management lessons. Simon Long hosts.


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Transcript

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0:00.0

They're not authors, but they help you shape your financial story.

0:04.0

They're not an airline, but they connect global businesses across nearly 160 local markets.

0:10.0

They're not interpreters that they listen to and understand their client's needs.

0:14.8

With global expertise and over two centuries of experience, Citi provides tools, insights and

0:20.8

guidance that helps clients thrive.

0:23.0

They're not just any bank, they are city.

0:26.0

Learn more at city.com slash we are city. City.

0:33.0

Hello, you're listening to Money Talks on Economist Radio.

0:39.0

Our weekly podcast on the markets, the economy and the world of business. I'm Simon Long, an editor

0:46.3

here at The Economist. Coming up on today's show, as the death toll from the new coronavirus rises, we look at the economic fallout,

0:56.0

the battle to fix India's stagflation problem,

1:00.0

and what are the key lessons from the man known as the father of disruptive innovation? The outbreak of a new coronavirus in China has caused fear and uncertainty across the markets.

1:26.0

The Wuhan virus is the worst health crisis China has faced in years.

1:30.0

Plains have been grounded and whole cities have been put on lockdown.

1:34.0

The city of Wuhan with a population of 11 million people

1:37.6

is an important commercial hub.

1:39.5

For corporations in China the outbreak is a huge blow.

1:44.0

Stephanie's studio is the economist Senior China Business Correspondent based in Shanghai.

1:48.4

Hello Stephanie.

1:49.4

Hi Simon.

1:50.6

And Simon Cox is our Emerging Markets Editor based in Hong Kong.

1:54.4

Hello Simon.

...

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