Although there is the typical media alarmism and we all know that "normal flu" kills 300,000-600,000 per year globally, it does seem that the rate of transmission of this new strain of Coronavirus might not be as low as originally thought, at least based on the 1000 bed emergency hospital building efforts underway in Wuhan. Perhaps some members on the OF with a medical background and those with close ties to China can share some non-hyped information as to how serious this really is and whether we should already be taking any travel precautions (face masks etc.) at this stage. On a side note, for the watch industry I think this is going to be a significant blow, following on just after the Hong Kong riots. The Chinese tourist is a fundamental customer base for the global luxury market.