Cripes. Coronavirus number rockets again

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And it is getting worse faster. From China:

At 04:00 on January 29, 31 provinces (autonomous regions and municipalities) and the Xinjiang Production and Construction Corps reported 1737 new confirmed cases (the first confirmed case in Tibet), 131 new severe cases, and 38 new deaths. (37 cases in Hubei and 1 in Sichuan), 21 new cases were cured and discharged, and 4148 suspected cases were added.

As of 24:00 on January 29, the National Health and Health Commission has received a cumulative report of 7711 confirmed cases, 31 cases of severe cases, 170 death cases, and a total of 170 patients who have been cured and discharged. There were 124 cases with 12,167 suspected cases.

At present, 88,693 close contacts have been tracked. Of the 2,364 people who were released from medical observation on the same day, a total of 81,947 people are receiving medical observation.

A total of 25 confirmed cases were reported in Hong Kong, Macao and Taiwan: 10 in the Hong Kong Special Administrative Region, 7 in the Macao Special Administrative Region, and 8 in Taiwan.

Mortality rate holding above 2%.

Tomorrow it will surpass SARS in aggregate infections.

It is out of control and very soon so will be the economic fallout.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.