Categories: Market Overview

Coronavirus has killed 106 and infected 4,515 people, Chinese health authorities say

Chinese health authorities said Tuesday that the coronavirus outbreak has killed 106 people and infected 4,515. The officials also said 60 people had been discharged. The majority of the reported cases are in mainland China, where local authorities have quarantined several major cities and canceled Lunar New Year’s events in Beijing and elsewhere. The U.S. Department of State on Monday raised its travel advisory for China from Level 2 to Level 3 asking Americans to “reconsider travel to China due to the novel coronavirus.” They added that some areas have “added risk.”

Multiple cases of the virus have been confirmed in Hong Kong, Macao, Taipei, Thailand, Vietnam, South Korea, Singapore, Malaysia, Japan, Australia, France and the United States. On Monday, local authorities in Germany confirmed the country’s first case. Nepal has confirmed one case. Cambodia confirmed its first case on Monday, according to Reuters, citing Health Minister Mam Bunheng. Sri Lanka also confirmed its first case on Monday, Reuters reports.

China stepped up efforts to increase medical supplies to Wuhan that includes transferring 14,000 protective suits and 110,000 pairs of gloves from the central medical reserves, according to the State Council. Emergency supplies of 3 million masks, 100,000 protective suits and 2,180 pairs of goggles were also made available.

More than 1,600 medical staff are said to be sent to the Hubei province, where Wuhan is located, to assist in containing the virus. The central government previously said it allocated 1 billion yuan, or $145 million, to support the province — Wuhan is building a 1,000-bed hospital to treat the infected and plans to have the facility operational by the end of the week.

Coronavirus has killed 106 and infected 4,515 people, Chinese health authorities say, CNBC, Jan 28
The FxPro News Team

This team of professional journalists announces the most interesting and influential articles from the major financial media as a brief summary. All such news may have sufficient potential to affect the course of trading assets.

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