Coronavirus Live Updates: Thousands Infected as Scientists Race for a Cure


More than 130 people have died from the mysterious new coronavirus, according to official Chinese statistics, but the real number is likely much higher. A dearth of test kits has hindered health officials ability to accurately diagnose and track the illness.

Here’s what we know about how the disease has spread:

◆ China said on Wednesday that 132 people had died from the virus, which is believed to have originated in the central city of Wuhan and is spreading across the country. The previous count, on Tuesday, was 106.

◆ The number of confirmed cases increased by nearly 25 percent to 5,974 on Wednesday, up from 4,515 on Tuesday, according to China’s National Health Commission.

◆ Thailand has reported 14 cases of infection; Hong Kong has eight; the United States, Taiwan, Australia and Macau have five each; Singapore, South Korea and Malaysia each have reported four; Japan has seven; France has four; Canada has three; Vietnam has two; and Nepal, Cambodia and Germany each have one.

◆ Cases recorded in Taiwan, German, Vietnam and Japan involved patients who had not been to China. There have been no reported deaths outside China.

China’s travel restrictions and expanding screenings at airports around the world have also hurt business. United Airlines announced that it was suspending some flights. American Airlines stock fell more than 5 percent on Tuesday.

Hotels and resorts with properties in the affected areas, which include Macau, a special administrative region and gambling mecca, also saw the value of their shares sink. They include Wynn Resorts, Las Vegas Sands and MGM Resorts International.

Marriott, Hyatt and Hilton, which have several properties in China, also saw their stock prices slide.

Other brands that are popular in China, like Estee Lauder, Nike and Tapestry, which sells Coach, Kate Spade and Stuart Weitzman, are likely to see a dent in earnings, bank analysts said.

China is the world’s second largest economy.

Leave a Reply

Your email address will not be published. Required fields are marked *

error: