Moody's on China - credit implications from the virus outbreak are evolving

The human toll of the dreadful coronavirus is mounting still:

• China's Hubei province now has 414 deaths from coronavirus, and 2,345 new cases

Moody's on the sovereign risk implications:

• outbreak will curb consumption
• credit implications for the government are evolving
• expects both monetary and fiscal stimulus for China to help curtail the potential economic impact