Categories: Market Overview

Coronavirus May Infect Up to 500,000 in Wuhan Before It Peaks

The new coronavirus might have infected at least 500,000 people in Wuhan, the Chinese city at the epicenter of the global outbreak, by the time it peaks in coming weeks. But most of those people won’t know it.

The typically bustling megacity, where the so-called 2019-nCoV virus emerged late last year, has been in effective lockdown since Jan. 23, restricting the movement of 11 million people. Recent trends in reported cases in Wuhan broadly support the preliminary mathematical modeling the London School of Hygiene & Tropical Medicine is using to predict the epidemic’s transmission dynamics.

“Assuming current trends continue, we’re still projecting a mid-to-late-February peak” of virus cases in Wuhan, Adam Kucharski, an associate professor of infectious disease epidemiology, said by email Sunday. “There’s a lot of uncertainty, so I’m cautious about picking out a single value for the peak, but it’s possible based on current data we might see a peak prevalence over 5%.”

That would potentially mean at least 1 in 20 people would have been infected in the city by the time the epidemic peaks, Kucharski said, adding that this may change if transmission patterns slow in coming days. The prediction doesn’t indicate a coming surge in cases in Wuhan, but that the current cumulative total doesn’t reflect all infections, especially mild ones, that have occurred.

Currently, the true number of people exposed to the 2019-nCoV virus in Wuhan “may be vastly underestimated,” Manuel Battegay and colleagues at the University of Basel in Switzerland said in a study published Friday. “With a focus on thousands of serious cases, mild or asymptomatic courses that possibly account for the bulk of the 2019-nCoV infections might remain largely unrecognized, in particular during the influenza season.”

Coronavirus May Infect Up to 500,000 in Wuhan Before It Peaks, Bloomberg, Feb 10
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.

Share
Published by
The FxPro News Team
Tags: chinaVirus

Recent Posts

Brent crude oil Wave Analysis 17 May 2024

- Brent crude oil reversed from key support level 81.00 - Likely to test resistance…

20 hours ago

Silver Wave Analysis 17 May 2024

- Silver broke multi-year resistance level 29.50 - Likely to reach resistance level 32.00 Silver…

20 hours ago

The dollar index clings to the uptrend

The US dollar is not giving up without a fight, gaining for the second day…

23 hours ago

After surpassing $30, silver may aim for $50

Silver climbed above $29.8, rewriting the highs from January 2021, but once again faced selling…

1 day ago

The crypto market is ready to grow further

Market picture The crypto market cooled off on Thursday afternoon, but on Friday morning, buyers…

1 day ago

Amazon Wave Analysis 16 May 2024

- Amazon reversed from resistance level 190.00 - Likely to fall to support level 180.00…

2 days ago

This website uses cookies