From a seafood market to global markets: 2020 has become the year of COVID-19 | ORF

For years in the newsroom, while covering business news, there was this particular phrase that was used when the People’s Bank of China or PBOC (the central bank of China in Beijing) made any monetary policy announcement. Markets would react sharply, and ergo the phrase followed “when China sneezes, the rest of Asia catches a cold”.