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Virus Blow to China’s Economy to Be Worse than SARS, Nomura Says

Medical staff at the Wuhan Red Cross Hospital.

Medical staff at the Wuhan Red Cross Hospital.

Photographer: Hector Retamal/AFP via Getty Images

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As the economic dislocation caused by the coronavirus and China’s efforts to stem its spread becomes clearer, Nomura International Ltd. now expects the blow to growth could exceed that seen during the SARS outbreak of 2003.