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RIO DE JANEIRO, BRAZIL - The great "black swan" of the start of 2020, the coronavirus has come out of the blue to hit the market hard, knocking the stock markets around the world as cases began to erupt.

With over 24,000 people infected and 490 dead, the virus raises fears of a pandemic that would have harmful impacts on China's economy in particular, and on the world as a whole, as a result of the country's size and relevance in global trade.

Morgan Stanley analysts anticipate that the impact on global growth will come from China's . . .

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