Outbreak casts pall over China new year as deaths surpass 40
BEIJING — China’s most festive holiday began in the shadow of a worrying new virus Saturday as the death toll surpassed 40, an unprecedented lockdown kept 36 million people from travelling and authorities cancelled a host of Lunar New Year events.
The National Health Commission reported a jump in the number of people infected with the virus to 1,287 with 41 deaths. The latest tally comes from 29 provinces across China, including 237 patients in serious condition. All 41 deaths have been in China, including 39 in Hubei province, the epicenter of the outbreak, one in Hebei and one in Heilongjiang.
Meanwhile, Australia announced its first case Saturday, a Chinese man in his 50s who last week returned from China. France said that three people had fallen ill with the virus — the disease’s first appearance in Europe. And the United States reported its second case, involving a Chicago woman in her 60s who was hospitalized in isolation after returning from China.
On Wall Street, stocks slumped amid fears over the widening crisis, with the Dow Jones Industrial Average losing 170 points and the S&P 500 posting its worst day in three months. Health care companies suffered losses, along with financial institutions, airlines and other tourism and travel industry businesses.