Chinese economy shatters as Coronavirus epidemic takes death toll past 1,000
New Delhi | Jagran News Desk: The death toll due to Coronavirus in China has surged to 1,016 with 42,638 confirm cases of infected patients, Chinese health authorities said on Tuesday. As per China's National Health Commission, 7,33 serious cases were recorded till Monday midnight, while 3,9996 people were discharged, reported Efe news.
At 108, Tuesday's data reflects the largest increase in the number of deceased in a single day. Moreover, 2,478 people were added to the list of new infections. Of the 108 deaths, 103 occured in Hubei province, of which Wuhan is the capital and epicentre of the outbreak. The remaining cases of deaths were reported from Beijing, Tianjin, Heilongjiang, Anhui and Henan.
There is a worry over the extent of economic disruption due to the coronavirus outbreak as the companies are struggling to get back to work after an extended Lunar New Year holiday in the world's second-largest economy as the death toll surged 1,000.
While hundreds of Chinese firms say that they would need billions of dollars in loans to stay afloat, Layoff have began despite assurances by President Xi Jinping that widespread sackings would be avoided.
More than 300 Chinese companies are seeking bank loans totalling at least USD 8.2 billion to help cope with the disruption caused by closed factories, locked down cities and crippled supply lines.
Authorities have ensured that they would roll out measures to stabilise jobs, in addition to previously announced cuts to interest rates and fiscal stimulus designed to minimise any downturn.
The deadly virus had emerged from a wildlife market in the Hubei provincial capital of Wuhan in December.
Meanwhile, the Director-General of the World Health Organisation, Adhanom Ghebresus had on Monday called on the international community not to politicise the coronavirus response.
The international scientists will meet on Tuesday to accelerate the development of diagnoses, treatments and vaccines against the disease.
Posted By: James Kuanal