The COVID-19 Coronavirus and its impact from China to Asia Pacific Part 2 with Carol Yin

In this episode, Carol Yin and guest host Deng Yuying, CEO of Esevel continues their conversation on the COVID-19 coronavirus and examines its impact from China to Asia Pacific. They discuss the latest updates on how the coronavirus has now spread to Korea, Japan, Italy, Iran and US, while examining how different industries from tourism, airlines ,ecommerce, pharmaceutical and health supplies are affected by the COVID-19 outbreak. Last but not least, they analyzed the short, middle and long term impact of the virus and break down the different scenarios on where this may lead in the upcoming months in 2020.

Here are the interesting show notes and links to the discussion (with time-stamps included):

• Carol Yin (@carolyujiayin, LinkedIn), Host of Analyse Asia and guest host Deng Yuying, CEO of Esevel (@yuyingdeng, LinkedIn) [0:55]
• The Wuhan Coronavirus and its impact to Asia Pacific Part 2 [1:00]
  • What has been the recent updates in China with respect to the COVID-19 virus? [1:07]
  • Since our last conversation, what has happened with the Coronavirus globally? (US, Italy, Korea and Japan) [2:35]
  • Which countries have closed their borders to China now in both flights and immigration? [3:25]
• Business Impact of COVID-19 in China and Asia Pacific
  • How about the foreign multinationals such as Tesla, Foxconn and Apple where they are highly dependent on the Chinese supply chain? (Reference: Apple) [5:00]
  • Can you talk about the countries in Asia Pacific which are affected? [7:21]
    • Japan: Schools are closed and the likelihood of cancellation of the Tokyo 2020 olympics
    • Korea: How Korea has suddenly reported a surge in cases
    • Southeast Asia: Indonesia and Thailand [11:02]
  • Let’s examine the short, middle and long term impact for industries in detail [12:35]
    • Tourism [12:55]
    • Airline Industries: There is a possibility of airlines going bankrupt as Cathay Pacific and Singapore Airlines have announced paycuts for their staff. [15:30]
  • What are the industries benefited from the coronavirus? [16:30]
    • Technology industry: Gaming industry (Tencent), Ecommerce (Alibaba), Zoom - remote working [16:50]
    • Pharmaceuticals and medical supplies (shortage of masks and sanitizers) [18:50]
  • What should we expect in the next couple of weeks and months? [19:30]
    • McKinsey Report: COVID-19 - Implications for Business Report on 27 Feb 2020

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The show is hosted and produced by Carol Yin (@CarolYujiaYin) and originally created by Bernard Leong (@bernardleong, Linkedin). Sound credits for the intro music: Taro Iwashiro, "The Beginning" from Red Cliff Soundtrack.