China slowly returns to work as the coronavirus death toll tops 900
... [+], while the number of cases in the U.K. has risen to eight. London’s FTSE 100 slipped 0.4% on the news.
Several major business events have either been called off or had big companies pull out. Amazon, Ericsson, Sony and Facebook have all withdrawn from a Mobile World Congress in Barcelona.: Experts from the World Health Organization will touch down in Beijing on Monday to help Chinese health officials investigate the outbreak.
: Coronavirus overtook the death toll from the 2002–03 SARS outbreak over the weekend, with at least 908 people dead and more than 40,000 now infected, mostly in Hubei Province, where the outbreak is thought to have begun in December. More than 300 people have been infected outside China, across 27 countries, while 2 people have died in Hong Kong and the Philippines. As of Sunday, 97 people were reported to have died from the illness, making it the biggest daily death toll for the disease.
The full economic impact of the world’s second-largest economy being put on a limited quarantine from the rest of the world, while the factories and workshops that power global supply chains have remained largely idle, remains to be seen.
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