Japan pub chain Watami to exit China, fears prolonged virus impact
05/02/2020 24:46
TOKYO, Feb 5 (Reuters) - Japanese pub chain Watami Co Ltd
7522.T said on Wednesday that it was withdrawing from mainland
China, citing worries that a prolonged coronavirus epidemic will
hurt the world's second-largest economy.
Watami, popular for its casual pubs called "izakaya", said
it will close down its 7 restaurants in China, although it was
undecided on timing.
The epidemic, which originated in China's Hubei province,
has killed 490 people on the mainland and infected more than
20,000 so far. urn:newsml:reuters.com:*:nB9N28N010
(Reporting by Ritsuko Ando; Editing by Himani Sarkar)
((Ritsuko.Ando@reuters.com; +81 3 6441 1743;))