Coronavirus Cases Near 200k After Record Jump In Confirmations As China, South Korea Report Sudden Resurgence: Live Updates
With US equity futures limit-down again overnight, the novel coronavirus outbreak is beginning to feel like ‘Groundhog Day’.
And if the market’s performance isn’t enough to get readers doubting their own sanity, some of the novel coronavirus headlines hitting in the early morning and overnight just might do the trick. One day after Chinese health officials reported just a single case of Covid-19 that was transmitted domestically, President Xi has warned that “inbound” cases of the virus – ie foreigners traveling to China who are already infected – are placing China at risk for reinfection. So, after China infected the world, President Xi is warning that the world might soon reinfect China.
Overnight, Hong Kong reported 14 new confirmed cases – its largest single-day jump – after new cases slowed to a trickle in recent weeks. According to the SCMP, all except one of those cases was a foreigner bringing the virus back to HK.
Singapore and Taiwan, which were widely praised for acting swiftly to stamp out the virus via mandatory closures, travel restrictions and – as the NYT explained in a story published Wednesday morning – swiftly tracing and isolating contacts of the recently diagnosed. In South Korea, a spate of new clusters around densely populated Seoul has raised fears about another runaway outbreak, per the SCMP.
The KCDC reported 93 new cases on Wednesday, up from 84 a day earlier and 74 on Monday. The new cases took the total infection caseload to 8,413.
As Republican “deficit-hawks” like Lindsey Graham pushed back against the Trump Administration’s latest ‘helicopter money’ stimulus plan yesterday that will inject $1 trillion into the economy (on top of $300 billion in deferred tax payments)…
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