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Asia economists cautiously optimistic even amid Omicron fears, China slowdown

Earlier this week, Nomura analysts Thanatcha Juruku and Umang Parekh told investors in a research note if the Omicron coronavirus variant wreaked havoc, local hospital revenues could soar but businesses in the medical tourism industry could suffer in light of possible lockdowns.These views captured in a nutshell the new pattern of business cycles in Asian and global economies in the pandemic era.New Covid-19 variants will continue to trigger fresh lockdowns and widespread hospitalisations and…

Read the original article at South China Morning Post

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