China's benchmark stock index crashed on Monday, its first day back after the extended Lunar New Year holiday, while travel restrictions to China expanded.
Some hospital workers in Hong Kong have called a strike to press the city’s government for a total travel shutdown mainland China, following the suspension of rail and ferry links last week.
Some 17,000 people are infected with the pneumonia-like illness across 30 countries, mainly in China, while 362 have died, including one person in the Philippines. Medical experts in Hong Kong say that the actual number of infections in WuhanSeveral countries are now denying entry to visitors from China including the U.S. Last week, the U.K., U.S., Japan and Australia were some of the countries to evacuate their citizens from Wuhan, the central Chinese city at the heart of the outbreak.
Several countries are contributing towards expediting a vaccine for the strain, formally known as 2019-nCoV. British drugmaker GSK is collaborating with the Norway based Coalition for Epidemic Preparedness Innovations to develop one, while the British government has donated $26 million to CEPI’s efforts. Germany and France expect to develop a vaccine within months.: Last week, the number of new coronavirus cases overtook the SARS outbreak in 2002-2003, in which 8,000 people were infected.
Although it is spreading quickly, much about the virus remains unknown. It is thought to be transmitted through infected droplets from coughing and sneezing, while symptoms include fever and in severe cases, pneumonia, kidney failure and death.: Wuhan authorities have scrambled to build two specialist hospitals, with the first 1,000-bed facility opening its doors to patients on Monday.
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