The death toll from coronavirus passed 1,000 in China, but there is a glimmer of hope as Chinese authorities said the number of reported cases fell by almost 20% from the day before
GUANGZHOU, China/GENEVA - The coronavirus outbreak in China may be over by April, the country’s senior medical adviser said on Tuesday, but deaths surpassed 1,000 and the World Health Organization warned of a global threat potentially worse than terrorism.
“I hope this outbreak or this event may be over in something like April,” Zhong, an epidemiologist who played a role in combating an outbreak of Severe Acute Respiratory Syndrome in 2003, told Reuters. St. Louis Federal Reserve President James Bullard said China’s economy was expected to “slow noticeably” in the first quarter and anyone pricing assets should for now consider the “tail risk” that the outbreak could get worse.
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