google.com, pub-9501031967421588, DIRECT, f08c47fec0942fa0 Coronavirus fallout could leave Australian tourism and retail sector in the doldrums ~ Bharath Bulletin

Tuesday, February 11, 2020

Coronavirus fallout could leave Australian tourism and retail sector in the doldrums

Economists warn of disruption to electronics supply and say travel ban could damage education and tourism sectors

The impact of coronavirus on Chinese factories and tourism could result in a significant hit to Australian retailers and the broader economy, according to analysts from Commonwealth Bank and ANZ.

Electronics retailers such as JB Hi-Fi and Harvey Norman could see significant disruption to their supply of computers, TVs and smartphones as China’s coronavirus outbreak closes the factories where electronics are made.

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