The death toll from the coronavirus outbreak in China has shot over 1,000. More people died on Monday than any other day since the virus emerged
Chinese firm Xinchao Media said on Monday it had laid off 500 people, or just over a tenth of its workforce, and restaurant chain Xibei said it was worried about how to pay the wages of its roughly 20,000 workers.
Analysts at investment bank Nomura said evidence suggested the virus had “a devastating impact on China’s economy in January and February”. Hubei, where the flu-like virus emerged from a wildlife market in the provincial capital of Wuhan in December, reported 2,097 new cases and 103 new deaths on Feb. 10, its health authority said.Public anger over the handling of the outbreak has been rising and Hubei’s government dismissed the provincial health commission’s Communist Party boss, Zhang Jin, and director Liu Yingzi, state media said.
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