According to China’s National Health Commission, on February 10, confirmed coronavirus cases rose 2478 to 42638. That’s notably smaller than 3062 new cases reported back on February 9. However, death tolls rose 108 to 1016. Serious cases, surged 849 to 7333, much faster than prior day’s 296 new serious cases.
Zeng Gang, vice chair of the National Institute for Finance and Development, said in “according to different scenario assumptions, researchers expect the negative impact of the epidemic on full-year GDP growth to be in the range of 0.2% to 1%.”
He added, ” in the short term, the epidemic’s impact on economic activity cannot be ignored, especially with tertiary industries and small enterprises with tight cash flows facing greater pressures.”
