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HomeNewsGlobal NewsCoronavirus death toll surges as fears grow for Chinese economy

Coronavirus death toll surges as fears grow for Chinese economy

By David Stanway

SHANGHAI (Reuters) – The death toll from the coronavirus epidemic in mainland China soared past 1,000 on Tuesday with a record daily rise in fatalities, while the prolonged disruption to factories and businesses played havoc with the world’s second-largest economy.

Hundreds of Chinese firms say they will need billions of dollars in loans to stay afloat and layoffs have begun, despite assurances by President Xi Jinping that widespread sackings would be avoided.

Another 108 new coronavirus deaths were reported on Tuesday, a daily record, bringing the total number of people killed in the country to 1,016, the National Health Commission said.

There were 2,478 new confirmed cases on the mainland on February, 10, down from 3,062 on the previous day, bringing the total to 42,638.

It was the second time in the past two weeks that authorities recorded daily drop-in new cases, but the World Health Organization (WHO) has cautioned the spread of cases outside of China could be “the spark that becomes a bigger fire”.

So far only 319 cases have been confirmed in 24 other countries and territories, according to WHO and Chinese health officials, with two deaths outside mainland China in Hong Kong and the Philippines.

 

 

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