BEIJING/SHANGHAI - Investors worried about the spread of the coronavirus wiped more than $400 billion off the value of China’s stocks in the first trading session on Monday after an extended Lunar New Year break while the death toll from the epidemic rose to 361.
The number of deaths in China rose to 361 as of Sunday, up 57 from the previous day, the National Health Commission said. The number of new confirmed infections in China rose by 2,829, bringing the total to 17,205. Looking to head off panic, China’s central bank injected 1.2 trillion yuan of liquidity into the markets via reverse repo operations on Monday.
Wuhan and other cities remain in virtual lockdown with travel severely restricted, and China is facing mounting international isolation as well due to restrictions on flights to and from the country.At least another 171 cases have been reported in more than two dozen other countries and regions, including the United States, Japan, Thailand, Hong Kong and Britain.
While countries have been trying to block the virus with travel bans, they have also been trying to get their stranded citizens out of locked-down Wuhan.
morgfair Yeah because it’s not about people it’s always about money
If Carrie Lam refused to close border, China’s leaders might liquidate their assets. Wary of a political power struggle. Whilst Carrie Lam crew cast PR to blame medics not caring. Medics poster. We are saving lives ie all Hong Kong people so lives.
russia planning also to kill millions of arabs in MIDDLE EAST, in order to replace the population with white ortodoks christians.
A virus are killing thousands of american, behinde that BIOLOGIC warfare there is RUSSIA and CHINA, Putin plans to kill millions of EUROPEANS too with virus, not only europeans also MUSLIMS in russia and in neighbour countries...
Perhaps this virus will devastate more than just human health
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Reuters - 🏆 2. / 97 Read more »
Source: Reuters - 🏆 2. / 97 Read more »