China reports fall in new coronavirus cases but concerns grow over spread elsewhere | Malay Mail

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BEIJING, Feb 22 — China reported a sharp decrease in the number of new deaths and new cases of the coronavirus today, while its central bank predicted a limited short-term economic impact and said the country was confident of winning the fight against the epidemic. Mainland China had 397 new...

Saturday, 22 Feb 2020 03:46 PM MYT

The 31 new infections recorded in the rest of the country was the lowest since the commission started compiling nationwide data on Jan. 20, and sharply down from 258 new cases the previous day. The virus has spread to some 26 countries and territories outside mainland China, killing 11 people, according to a Reuters tally, and among the WHO’s biggest concerns was cases without links to China.

Japan is facing growing questions about whether it is doing enough to contain its spread, and unease about whether it could scupper this year’s Tokyo Olympics. Organisers of the games today postponed the start of training for volunteers.The total number of confirmed cases in mainland China rose to 76,288, with the death toll at 2,345 as of the end of yesterday. Hubei reported 106 new deaths of which 90 in Wuhan.

Senior Chinese central bank officials sought to ease global investors’ worries about the potential damage to the world’s second-largest economy from the outbreak, saying interest rates would be guided lower and that the country’s financial system and currency were resilient.Chen Yulu, a deputy governor of the People’s Bank of China, said policymakers had plenty of tools to support the economy, and that they were fully confident of winning the war against the epidemic.

Most expect a rebound in the spring if the outbreak can be contained soon and factories can return to normal production.

 

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