Weak Chinese consumption may outlast the coronavirus. A slowdown in new Covid-19 cases outside Hubei province, where the outbreak is thought to have originated, is feeding investor optimism. Signs of stress, though, hint at a slower recovery. mak_robyn
China reported 648 new cases of the novel coronavirus in the country as of Feb. 22, up from 397 the previous day, the National Health Commission said on Feb. 23. That brought the total number of confirmed cases in China to 76,936.
The number of new cases outside of Hubei province, where the virus is thought to have originated, was 18, the lowest since the commission started publishing nationwide data a month ago.
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