Taiwan Specialist

Julia Chien

Thematic (Sector/Industry)

What is the Novel Coronavirus (2019-nCoV) The novel coronavirus (2019-nCoV) emerged in a seafood and poultry market in the Chinese city of Wuhan and has already infected thousands of people. At the beginning, it was transmitted to humans from wild animals, but now, person-to-person spread is occurring, as of February 10, 2020, there have been  2,128 reported deaths, more than 42,000 people have been infected with the virus worldwide.
Confirmed Cases and Deaths by Country and Territory
<table class="table table-striped">
<colgroup> <col width="240"> <col width="114"> <col width="95"> <col width="80"> <col width="80"> <col width="85"> <col width="138"> <col width="134"> </colgroup>
<tbody>
<tr>
<td data-sheets-value='{"1":2,"2":"Country,\nTerritory"}'>Country, Territory</td>
<td data-sheets-value='{"1":2,"2":"Total Cases"}'>Total Cases</td>
<td data-sheets-value='{"1":2,"2":"Feb 10 Cases"}'>Feb 10 Cases</td>
<td data-sheets-value='{"1":2,"2":"Total Deaths"}'>Total Deaths</td>
<td data-sheets-value='{"1":2,"2":"Feb 10 Deaths"}'>Feb 10 Deaths</td>
<td data-sheets-value='{"1":2,"2":"Total Recovered"}'>Total Recovered</td>
<td data-sheets-value='{"1":2,"2":"Total Critical"}'>Total Critical</td>
<td data-sheets-value='{"1":2,"2":"Region"}'>Region</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"China"}'>China</td>
<td data-sheets-value='{"1":3,"3":42299}' data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'>42,299</td>
<td data-sheets-value='{"1":3,"3":2128}' data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'>2,128</td>
<td data-sheets-value='{"1":3,"3":1011}' data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'>1,011</td>
<td data-sheets-value='{"1":3,"3":103}' data-sheets-formula="=+103">103</td>
<td data-sheets-value='{"1":3,"3":4050}' data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'>4,050</td>
<td data-sheets-value='{"1":3,"3":6484}' data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'>6,484</td>
<td data-sheets-value='{"1":2,"2":"Asia"}'>Asia</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Japan"}'>Japan</td>
<td data-sheets-value='{"1":3,"3":161}'>161</td>
<td data-sheets-value='{"1":3,"3":65}' data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}' data-sheets-formula="=+65">65</td>
<td></td>
<td></td>
<td data-sheets-value='{"1":3,"3":4}'>4</td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Asia"}'>Asia</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Singapore"}'>Singapore</td>
<td data-sheets-value='{"1":3,"3":45}'>45</td>
<td data-sheets-value='{"1":3,"3":2}' data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}' data-sheets-formula="=+2">2</td>
<td></td>
<td></td>
<td data-sheets-value='{"1":3,"3":7}'>7</td>
<td data-sheets-value='{"1":3,"3":7}'>7</td>
<td data-sheets-value='{"1":2,"2":"Asia"}'>Asia</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Hong Kong"}'>Hong Kong</td>
<td data-sheets-value='{"1":3,"3":42}'>42</td>
<td data-sheets-value='{"1":3,"3":6}' data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}' data-sheets-formula="=+6">6</td>
<td data-sheets-value='{"1":3,"3":1}'>1</td>
<td></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Asia"}'>Asia</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Thailand"}'>Thailand</td>
<td data-sheets-value='{"1":3,"3":32}'>32</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":3,"3":10}'>10</td>
<td data-sheets-value='{"1":3,"3":1}'>1</td>
<td data-sheets-value='{"1":2,"2":"Asia"}'>Asia</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"S. Korea"}'>S. Korea</td>
<td data-sheets-value='{"1":3,"3":27}'>27</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":3,"3":3}'>3</td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Asia"}'>Asia</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Taiwan"}'>Taiwan</td>
<td data-sheets-value='{"1":3,"3":18}'>18</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":3,"3":1}'>1</td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Asia"}'>Asia</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Malaysia"}'>Malaysia</td>
<td data-sheets-value='{"1":3,"3":18}'>18</td>
<td data-sheets-value='{"1":3,"3":1}' data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}' data-sheets-formula="=+1">1</td>
<td></td>
<td></td>
<td data-sheets-value='{"1":3,"3":3}'>3</td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Asia"}'>Asia</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Australia"}'>Australia</td>
<td data-sheets-value='{"1":3,"3":15}'>15</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":3,"3":5}'>5</td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Oceania"}'>Oceania</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Vietnam"}'>Vietnam</td>
<td data-sheets-value='{"1":3,"3":14}'>14</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":3,"3":3}'>3</td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Asia"}'>Asia</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Germany"}'>Germany</td>
<td data-sheets-value='{"1":3,"3":14}'>14</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Europe"}'>Europe</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"USA"}'>USA</td>
<td data-sheets-value='{"1":3,"3":12}'>12</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":3,"3":3}'>3</td>
<td></td>
<td data-sheets-value='{"1":2,"2":"N.America"}'>N.America</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"France"}'>France</td>
<td data-sheets-value='{"1":3,"3":11}'>11</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":3,"3":1}'>1</td>
<td data-sheets-value='{"1":2,"2":"Europe"}'>Europe</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Macao"}'>Macao</td>
<td data-sheets-value='{"1":3,"3":10}'>10</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":3,"3":1}'>1</td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Asia"}'>Asia</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"U.K."}'>U.K.</td>
<td data-sheets-value='{"1":3,"3":8}'>8</td>
<td data-sheets-value='{"1":3,"3":4}' data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}' data-sheets-formula="=+4">4</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Europe"}'>Europe</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"U.A.E."}'>U.A.E.</td>
<td data-sheets-value='{"1":3,"3":8}'>8</td>
<td data-sheets-value='{"1":3,"3":1}' data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}' data-sheets-formula="=+1">1</td>
<td></td>
<td></td>
<td data-sheets-value='{"1":3,"3":1}'>1</td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Asia"}'>Asia</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Canada"}'>Canada</td>
<td data-sheets-value='{"1":3,"3":7}'>7</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":3,"3":1}'>1</td>
<td></td>
<td data-sheets-value='{"1":2,"2":"N.America"}'>N.America</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Philippines"}'>Philippines</td>
<td data-sheets-value='{"1":3,"3":3}'>3</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td data-sheets-value='{"1":3,"3":1}'>1</td>
<td></td>
<td data-sheets-value='{"1":3,"3":2}'>2</td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Asia"}'>Asia</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"India"}'>India</td>
<td data-sheets-value='{"1":3,"3":3}'>3</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Asia"}'>Asia</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Italy"}'>Italy</td>
<td data-sheets-value='{"1":3,"3":3}'>3</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":3,"3":2}'>2</td>
<td data-sheets-value='{"1":2,"2":"Europe"}'>Europe</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Russia"}'>Russia</td>
<td data-sheets-value='{"1":3,"3":2}'>2</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Europe"}'>Europe</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Spain"}'>Spain</td>
<td data-sheets-value='{"1":3,"3":2}'>2</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Europe"}'>Europe</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Nepal"}'>Nepal</td>
<td data-sheets-value='{"1":3,"3":1}'>1</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Asia"}'>Asia</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Sweden"}'>Sweden</td>
<td data-sheets-value='{"1":3,"3":1}'>1</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Europe"}'>Europe</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Sri Lanka"}'>Sri Lanka</td>
<td data-sheets-value='{"1":3,"3":1}'>1</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":3,"3":1}'>1</td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Asia"}'>Asia</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Cambodia"}'>Cambodia</td>
<td data-sheets-value='{"1":3,"3":1}'>1</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":3,"3":1}'>1</td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Asia"}'>Asia</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Finland"}'>Finland</td>
<td data-sheets-value='{"1":3,"3":1}'>1</td>
<td data-sheets-numberformat='{"1":2,"2":"#,##0","3":1}'></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":3,"3":1}'>1</td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Europe"}'>Europe</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"Belgium"}'>Belgium</td>
<td data-sheets-value='{"1":3,"3":1}'>1</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td data-sheets-value='{"1":2,"2":"Europe"}'>Europe</td>
</tr>
</tbody>
</table>
Source: WHO
A novel coronavirus (CoV) is a new strain of coronavirus. Coronaviruses (CoV) are a large family of viruses that cause illness ranging from the common cold to more severe diseases such as Middle East Respiratory Syndrome (MERS) and Severe Acute Respiratory Syndrome (SARS). They all from the same family of viruses. According to WHO, this novel coronavirus seems to have less severe implications than Severe Acute Respiratory Syndrome (SARS) or Middle East respiratory syndrome (MERS)
What can you do to protect yourself?
<div class="content-highlight">
Wash your hands frequently, maintain social distancing, and practice respiratory hygiene
</div>
How about SARS SARS was first reported in Southern China in 2002. In the first few months of the 2003 SARS outbreak, China kept the disease under wraps due to a lack of knowledge about what the virus was and a lack of preparedness among countries in the region in dealing with pandemics. Soon, the illness spread to more than two dozen countries in North America, South America, Europe, and Asia. The first case in Taiwan was identified on March 14 in a traveler from Guangdong Province in China. Since April 22, SARS cases in Taiwan had increased and had been associated primarily with health-care settings. On April 23, Taipei city government locked down Taipei Municipal Hospital Hoping branch, and all patients, visitors, and staff were quarantined within the building for 2 weeks. After June, WHO announced that the global SARS outbreak was contained.
SARS had very different effects on the domestic and international sectors of Taiwan's economy. The largest impact was on domestic service industries, such as airlines, hotels, restaurants, and retail sales. People avoided groups and public places, cutting into the service industries that cater to the usually gregarious Taiwanese. 
<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/116/487/original/page1-776px-Sars_Cases_and_Deaths.pdf.jpg?1580893140" class="editor-image img-responsive" data-smartkarma-image-id="116487"></figure>
Source: WHO
TAIEX dropped 4.16% due to Taipei Municipal Hospital Hoping branch lockdown
<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/116/647/original/IMG_6384%20%282%29.jpg?1580974860" class="editor-image img-responsive" data-smartkarma-image-id="116647"></figure>
Source: Taiwan CDC
<ul class="">
<li>A research group in Hong Kong estimated that the outbreak would peak in late April to early May.</li>
<li>Though SARS was more deadly than the new coronavirus, the outbreak was far more limited. It first originated in southern China in November 2012. The World Health Organization issued a global alert in March 2013. After spreading globally, the outbreak was declared over four months later. No cases have emerged since 2004.</li>
<li>The outbreak of the coronavirus is rippling through the global manufacturing supply chains, affecting especially the car industry. For example, Volkswagen asked 3,500 of its employees in Beijing to work from home for two weeks. Car sales in China are expected to decline as consumers feel less confident.</li>
<li>Production disruptions would largely affect household goods, hi-tech goods and textile and apparel industries where China plays a core role in the global supply chain.</li>
<li>The travel industry has also been badly affected. Several countries issued travel warnings about China; some airlines even suspended flights to China.</li>
<li>Severe disruptions to inbound and outbound air cargo shipments, trucking and rail cargo services, as well as heavy port congestion for vessels along the Yangtze River near Wuhan.</li>
</ul>

What is the Novel Coronavirus (2019-nCoV) The novel coronavirus (2019-nCoV) emerged in a seafood and poultry market in the Chinese city of Wuhan and has already infected thousands of people. At the beginning, it was transmitted to humans from wild animals, but now, person-to-person spread is occurring, as of February 10, 2020, there have been  2,128 reported deaths, more than 42,000 people have been infected with the virus worldwide.
Confirmed Cases and Deaths by Country and Territory

         


Country, Territory
Total Cases
Feb 10 Cases
Total Deaths
Feb 10 Deaths
Total Recovered
Total Critical
Region


China
42,299
2,128
1,011
103
4,050
6,484
Asia


Japan
161
65


4

Asia


Singapore
45
2


7
7
Asia


Hong Kong
42
6
1



Asia


Thailand
32



10
1
Asia


S. Korea
27



3

Asia


Taiwan
18



1

Asia


Malaysia
18
1


3

Asia


Australia
15



5

Oceania


Vietnam
14



3

Asia


Germany
14





Europe


USA
12



3

N.America


France
11




1
Europe


Macao
10



1

Asia


U.K.
8
4




Europe


U.A.E.
8
1


1

Asia


Canada
7



1

N.America


Philippines
3

1

2

Asia


India
3





Asia


Italy
3




2
Europe


Russia
2





Europe


Spain
2





Europe


Nepal
1





Asia


Sweden
1





Europe


Sri Lanka
1



1

Asia


Cambodia
1



1

Asia


Finland
1



1

Europe


Belgium
1





Europe



Source: WHO
A novel coronavirus (CoV) is a new strain of coronavirus. Coronaviruses (CoV) are a large family of viruses that cause illness ranging from the common cold to more severe diseases such as Middle East Respiratory Syndrome (MERS) and Severe Acute Respiratory Syndrome (SARS). They all from the same family of viruses. According to WHO, this novel coronavirus seems to have less severe implications than Severe Acute Respiratory Syndrome (SARS) or Middle East respiratory syndrome (MERS)
What can you do to protect yourself?

Wash your hands frequently, maintain social distancing, and practice respiratory hygiene

How about SARS SARS was first reported in Southern China in 2002. In the first few months of the 2003 SARS outbreak, China kept the disease under wraps due to a lack of knowledge about what the virus was and a lack of preparedness among countries in the region in dealing with pandemics. Soon, the illness spread to more than two dozen countries in North America, South America, Europe, and Asia. The first case in Taiwan was identified on March 14 in a traveler from Guangdong Province in China. Since April 22, SARS cases in Taiwan had increased and had been associated primarily with health-care settings. On April 23, Taipei city government locked down Taipei Municipal Hospital Hoping branch, and all patients, visitors, and staff were quarantined within the building for 2 weeks. After June, WHO announced that the global SARS outbreak was contained.
SARS had very different effects on the domestic and international sectors of Taiwan's economy. The largest impact was on domestic service industries, such as airlines, hotels, restaurants, and retail sales. People avoided groups and public places, cutting into the service industries that cater to the usually gregarious Taiwanese. 

Source: WHO
TAIEX dropped 4.16% due to Taipei Municipal Hospital Hoping branch lockdown

Source: Taiwan CDC

A research group in Hong Kong estimated that the outbreak would peak in late April to early May.
Though SARS was more deadly than the new coronavirus, the outbreak was far more limited. It first originated in southern China in November 2012. The World Health Organization issued a global alert in March 2013. After spreading globally, the outbreak was declared over four months later. No cases have emerged since 2004.
The outbreak of the coronavirus is rippling through the global manufacturing supply chains, affecting especially the car industry. For example, Volkswagen asked 3,500 of its employees in Beijing to work from home for two weeks. Car sales in China are expected to decline as consumers feel less confident.
Production disruptions would largely affect household goods, hi-tech goods and textile and apparel industries where China plays a core role in the global supply chain.
The travel industry has also been badly affected. Several countries issued travel warnings about China; some airlines even suspended flights to China.
Severe disruptions to inbound and outbound air cargo shipments, trucking and rail cargo services, as well as heavy port congestion for vessels along the Yangtze River near Wuhan.


Nothing Spreads Like Fear - The Novel Coronavirus (2019-NCoV)

Taiwan

Universal Incorporation manufactures and markets non-woven fabrics for hygiene market (baby diaper, adult incontinence products, sanitary pads), medical market (surgical gown, cap, drapes), and industrial market (protective clothing, coverall, car cover).  The Company sells its products worldwide.

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Universal Inc (1325 TT)

Nothing Spreads Like Fear - The Novel Coronavirus (2019-NCoV)

What is the Novel Coronavirus (2019-nCoV)The novel coronavirus (2019-nCoV) emerged in a seafood and poultry market in the Chinese city of Wuhan and...

Julia Chien

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