Citi says fear of coronavirus in South Korea is spreading ‘at a much faster rate’ than the virus itself

Citi says fear of coronavirus in South Korea is spreading ‘at a much faster rate’ than the virus itself

A hospital staff member with a patient at a medical center in Daegu, South Korea on February 20, 2020.

Seung-il Ryu | NurPhoto | Getty Images

South Korea is on high alert after the number of reported coronavirus infections surged past 760 cases on Monday, and Cit economists warn economic difficulties for the country will be imminent.

“Fear of the virus is spreading throughout the…

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