Wednesday, January 22, 2020

China: 'Virus Mutation Spreading'


Chinese Officials Warn Of "Virus Mutation Spreading" - 440 Cases Confirmed, 9 Dead



Update (2130ET): North Korea has temporarily closed its borders to foreign tourists, two major operators of tours to the isolated country said, in an apparent effort to seal itself off from a new virus causing global health worries.
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Update (2115ET): Chinese officials have just held a press conference that was anything but the usual CDC "everything's ok" statement. The particularly ominous warning that the virus is mutating and spreading is perhaps due to the poor handling of the SARS breakout in 2002/3 which was marked by cover-ups and official reluctance to share information.
Li Bin, vice head of China's National Health Commission, confirmed there are 440 confirmed coronavirus cases in this new outbreak and there have been 9 deaths. Some 1,394 patients are under medical observation.
Officials also confirmed Wuhan airport will have screening equipment (and Wuhan citizens have been asked to limit travel) and a nationwide monitoring system is being put in place (one wonders if the social credit score will go down if a citizen contracts the deadly disease).
Finally, the officials said that they will disclose information in a timely and public way and are doing their best to curb the spread of the disease.

And all of this is happening as hundreds of millions prepare to travel for the New Year's celebrations.
“A wave of panic has struck,” said Zhuang Jiapeng, a fund manager at Shenzhen JM Capital Co. “People may feel the urge to bolt after northbound saw its largest selling in months -- foreign buying has been perceived as something of a safety valve. With the virus spreading, there may be a real impact on consumption during the holidays.”
Update (1920ET): Just like we saw during past outbreaks of disease in China, a panicked population has bought up face-masks at such a frantic rate that several of their unscrupulous countrymen have resorted to gouging.
American brand 3M, a popular manufacturer of facemasks in China, has already sold out on its official online stores on e-commerce platforms Taobao and JD.com .
Meanwhile, guards at the Wuhan airport pointed electronic thermometers at travelers, with plans to segregate anybody showing a fever, an early symptom of the virus.

Several unscrupulous sellers who bought up masks en bulk are now managing to sell them for more than 10 times their original price. Some retailers were selling the masks for as much as 40 yuan ($7), a more than 10-fold mark-up. Users of Weibo, a Chinese social network similar to Twitter, warned anybody planning to travel to instead consider staying home, and repeatedly washing their hands.
According to certain sites that track prices of Chinese goods, the masks typically sell for 53 cents.
At one pharmacy in Shanghai, a shopkeeper named Liu Zhuzhen said more than 100 people had bought masks by noon on Tuesday. They sold out again after a re-stocking.


Update (1600ET): Beijing, Shanghai, Tianjin, Zhejiang, Henan, Chongqing, Hong Kong, Bangkok, Seoul, Tokyo, Brisbane, Taipei -and now Washington State. 
The viral pneumonia-like lung illness first discovered late last year in Wuhan, a mid-sized Chinese city in the center of the country, has Beijing's leadership - who are already grappling with slowing economic growth and continuing trade pressure from the US - very much on edge.
It's clear now that Beijing's initial response to reports of a new SARS-like virus was to dissemble. After initially insisting that there was no evidence that the virus could be spread by humans, health officials have now admitted that they were "wrong", and that human-to-human transmission is possible, meaning that there's no telling yet just how contagious this thing really is.
It's already spread rapidly: In just a few weeks, it's gone from a few isolated cases in Wuhan to nearly 300 confirmed cases, not just in Greater China, but also across the Asia-Pacific region, and now in the US. The fact that the CDC has already identified the first case in Washington State suggests that this is an aggressive pathogen, and health officials are duly concerned.








Update 2: Just as we suspected, Chinese authorities have revised the death toll for the Wuhan coronavirus outbreak to 17 on Wednesday, meaning that in under 24 hours, the death toll has practically doubled.
Meanwhile, Russia media reports claim that a passenger from Shanghai has been hospitalized, a sign that the virus may now have spread to Russia.
  • PASSENGER FROM SHANGHAI HOSPITALIZED IN ST PETERSBURG, RUSSIA
  • NOVEL CRONAVIRUS DEATHS RISE TO 17 IN HUBEI PROVINCE:CHINA NEWS
US stocks are rebounding from yesterday's virus-driven dip as authorities around the world, including President Trump, insist that the outbreak is under control.

But does this really sound "contained"?
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Update: So much for being 'contained'.
Mexican President Andres Manuel Lopez Obrador - better known as AMLO - said Wednesday morning that two cases of coronavirus are suspected in Mexico, and that health officials are scrambling to confirm. He added that one of the patients is under observation in Tamaulipas.

China's National Health Commission has revised the total of coronavirus cases higher for at least the second time on Wednesday: there are now 473 confirmed patients infected in China alone, though the death toll remained at 9, Reuters reports.

As the virus spreads throughout the mainland, health officials in Hong Kong have confirmed that the first case of coronavirus has been detected in the Special Autonomous Region. According to the SCMP, the male patient arrived in Hong Kong on a high-speed train on Tuesday from Wuhan, the Chinese city at the center of the outbreak. He was discovered to have a fever when he arrived at a rail station in West Kowloon, and has now tested positive or the virus three times, the first two at Queen Elizabeth hospital in Jordan.

Local television footage showed the still-unnamed patient being taken from Queen Elizabeth to Princess Margaret Hospital, where the Hospital Authority Infectious Disease Center is located. Several health care workers wearing full protective gear could be seen pushing the patient on a stretcher.

Earlier, we reported that China had launched a nation-wide screening effort to detect any remaining cases of the virus, suggesting that there could be many more cases yet to be uncovered. Screeners are looking for symptoms including fever, cough and difficulty breathing, all pneumonia-like symptoms. In addition to the autonomous regions, the virus has been confirmed in at least 13 Chinese provinces.




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