Take the Ebola "outbreak". This is an extremely deadly disease. If you get it, chances are fairly high(50%), even if you are young and healthy that you will die. This scared the heck out of people when a case was reported in the US. But the Ebola virus is not very contagious...........is not spread easily. It can't survive on surfaces, like doorknobs and spread as easily as something like a cold virus. It would be pretty easy to keep infected people from infecting other people once they are identified.
The Ebola virus had been around for over 4 decades but then there was a big outbreak in a small area of Africa which hit the news and everybody panicked.
While this new virus is much more contagious than Ebola, most deaths are only occurring in older people that already have comprised health problems........something like 3% which is like a bad strain of the flu.
At some future point in time, a new virus that is as deadly as Ebola and very contagious......as the flu or common cold "may" strike. The Coronavirus is NOT that virus because it does not have the ability to kill many people infected.
A good way to put this into perspective is to realize that 80,000 people in the US died from the flu in 2017............was there a panic?
https://www.statnews.com/2018/09/26/cdc-us-flu-deaths-winter/
What if 1% of that number, 800 people died from the Coronavirus in the US? You bet there would be a massive panic! Probably even some panic if even .1% or 80 people died from the Coronavirus.
Fear of the unknown is almost always MUCH worse than the same thing.............when you actually know and understand it. This is human nature. We understand the flu because we've lived with it for decades. It is very bad news for the elderly and 80,000 deaths is a lot but we don't panic.
Same thing in my field of expertise.........atmospheric science. People are petrified of tornadoes and sometimes severe weather to the point of having life altering phobias. But how many people get killed by tornadoes each year?
The average is less than 100. So out of 350,000,000 people, in 2020, odds are that 60 or so will die from a tornado. At the same time, almost 40,000 will be killed in car wrecks. Are people almost 1,000 times more afraid to drive in cars than of tornadoes? No, it's the other way around.
Of course we should all go to a safe place when the legit threat of a tornado is imminent to minimize the risk(in a basement, your chances of dying are minuscule). and wear a seat belt when in a car to lower the threat of death/serious injury(which is NOT minuscule in a high speed car wreck, even wearing a seat belt).
Tornado deaths:
https://www.weather.gov/cae/lgaverages.html
Car accident deaths:
https://en.wikipedia.org/wiki/Motor_vehicle_fatality_rate_in_U.S._by_year
So the point is, you are used to driving in a car every single day and very familiar with how it operates and, even knowing the stats on deaths, accept the risk without being paranoid every time you go on the road..............tornadoes, not so much.
We see pictures of them wiping out an entire blocks and killing people in outbreaks and this stands out vividly and brings out excessive fear and emotions that overwhelm realities of statistics and science.
Same thing with the flu and how people reacted to news of the Ebola virus........or in this case the scary new CORONAVIRUS.
80,000 people died from the flu in 1 year recently(which was bad) but as we get new information on the Coronavirus spreading, the fear of it, for a time will continue to exceed the fear of the flu that we have all accepted even though the actual risk to you, may be less than .001% of the risk of the flu to you, at its peak.
https://www.bbc.com/news/world-asia-china-51249208
The World Health Organization has not classed the virus as an "international emergency", partly because of the low number of overseas cases.
https://www.livescience.com/new-china-coronavirus-faq.html
Coronaviruses are a large family of viruses that can cause respiratory illnesses such as the common cold, according to the Centers for Disease Control and Prevention (CDC). Most people get infected with coronaviruses at one point in their lives, but symptoms are typically mild to moderate. In some cases, the viruses can cause lower-respiratory tract illnesses such as pneumonia and bronchitis.
These viruses are common amongst animals worldwide, but only a handful of them are known to affect humans. Rarely, coronaviruses can evolve and spread from animals to humans. This is what happened with the coronaviruses known as the Middle East respiratory syndrome coronavirus (MERS-CoV) and the severe acute respiratory syndrome coronavirus (SARS-Cov), both of which are known to cause more severe symptoms.
From initial information, we think the virus is easily spread from human to human
Thus china has restricted travel on huge numbers of people during their once a yr huge holiday when relatives gather to enjoy the company of others. This had to be a serious decision.
China is hoping to build a hospital in 10 days or less.
Masks to protect people are not available due to panic buying and then hoarding, which authorities did not expect
It seems china is doing everything possible to stop the mingling of the population to control the spread of the virus. Non the less the virus has spread to other parts of the world with one or two in some locations
We will fly into a major intn'l hub for travellers from all over the world. I fully expect by the time we get there we will be met with body temp monitors. I am happy people are taking this virus seriously, and hope I did not fly on a plane with an infected person.
If you were told not to mingle with your fellow citizen, in china, as evidence seen by many cities on virtual lock down to stop contact from person to person, would you then do the opposite and go to work where you will mingle with many others, on the way to and from work, plus while at work
I expect this virus will affect china's GDP and possibly have a spin off effect on world trade, due to less stuff being made in china for sale to other countries
This fear of the unknown or greatly elevated fear of things that are not serious threats that was described on the first page is also been implemented by some today for fraudulent intentions.
An (entirely fake) climate crisis (during the current climate optimum-best weather/climate and CO2 for life in over 1,000 years) is being fraudulently used via convincing sounding "save the planet" narratives in order to impose global socialism and political agendas.........The Climate Accord will do nothing to affect climate or the weather..............nothing! It's 100% a transfer of wealth from the rich/developed countries to the poor/undeveloped countries.
Since almost nobody has actually read it, they have no idea and believe the "gate keepers" of information that communicate to us what they want us to think.
"I expect this virus will affect china's GDP and possibly have a spin off effect on world trade, due to less stuff being made in china for sale to other countries"
Hi Wayne,
The markets were all reacting negatively on Friday(over reacting) to news of this which is why I started this thread to put it into perspective. This will likely NOT turn into a global wide pandemic that kills many millions and it will likely peak this year in China and not have a significant longer term affect as you suggested.
But we can't know this for sure.
Let me show you.
Here is the latest news:
Number of confirmed cases rise: Confirmed cases of coronavirus in China and around the world now stand at more than 1,400 globally. China has already restricted travel for more than 30 million people, a move considered unprecedented. Medical facilities are struggling in Wuhan, the epicenter of the outbreak, as authorities race to build a new hospital dedicated to treat those affected.
metmike: Wow, this sounds really bad and almost no media sources are putting it into perspective, rather we are getting sensationalized reports like the one above.....using one of their favorite words "unprecedented".
However, we have been living in a world with flu virus's not so different than this one, for decades and accept them as a way of life.
The Coronavirus obviously is in its early stages but there doesn't appear to be any reason to think that its more contagious or deadly than the flu(strong strain of it), of which there are countless different strains.
https://www.medicinenet.com/script/main/art.asp?articlekey=208914
So we have 1,400 cases so far in the world and 3 dozen deaths but to go with them, scary headlines and stories and the word "Coronavirus" that none of us have ever heard before and "unprecedented" actions by China to contain it(which is a really good indication that they will contain this quickly vs what is actually suggested by how its used in the story).
If this was just the regular flu virus with the exact same statistics and risks, none of us would have heard a thing about it............because the media would not be able to sensationalize the flu like it's doing.
The CORONAVIRUS has a some great story hyping dynamics, including the name, that it originated from the animal world, is new and people have almost no knowledge in this area.............so the media can speculate and exaggerate into the land of the unknown with impunity and not be held accountable. Nobody appears to be outright predicting a world wide pandemic that kills millions..........but some of the reports make that seem very possible.
That will probably NOT happen!
metmike: It's no wonder that people are getting very alarmed with stories like this one below.
While the reporting below is based on "some" facts, its not balanced with any facts that tell us things like............this virus is mainly fatal to elderly that already have health issues and some people that are getting the virus don't even know they have/had it.
And that China is being extraordinarily active in doing the right things to contain it right now, so there is a good chance the transmission rate will drop.
Instead, the implication below is that its spreading out of control and will continue to get worse and will keep killing more and more people.
January 25, 2020 / 1:02 PM / Updated 31 minutes ago
LONDON (Reuters) - Each person infected with coronavirus is passing the disease on to between two and three other people on average at current transmission rates, according to two separate scientific analyses of the epidemic.
Whether the outbreak will continue to spread at this rate depends on the effectiveness of control measures, the scientists who conducted the studies said. But to be able to contain the epidemic and turn the tide of infections, control measures would have to halt transmission in at least 60% of cases.
The death toll from the coronavirus outbreak jumped to 41 on Saturday, with more than 1,400 people infected worldwide - the vast majority in China. "
"Ferguson’s team suggest as many as 4,000 people in Wuhan were already infected by Jan. 18 and that on average each case was infecting two or three others.
A second study by researchers at Britain’s Lancaster University also calculated the contagion rate at 2.5 new people on average being infected by each person already infected.
“Should the epidemic continue unabated in Wuhan, we predict (it) will be substantially larger by Feb. 4,” the scientists wrote.
They estimated that the central Chinese city of Wuhan where the outbreak began in December will alone have around 190,000 cases of infection by Feb. 4., and that “infection will be established in other Chinese cities, and importations to other countries will be more frequent.”
Raina MacIntyre, head of the Biosecurity Research Program at the Kirby Institute, at the University of New South Wales in Australia, said on Saturday that it is highly concerning that in recent days the infection has become widespread. "
While there always is the chance, that because this is China and they have a history of not being honest about how bad situations have been during past events like this, that its actually worse than they are telling us(I doubt it this time). However, I think that they learned from past mistakes and are, in fact going to do a good job containing this outbreak.
https://www.cnn.com/2020/01/24/asia/china-sars-coronavirus-intl-hnk/index.html
There's reason to think that the current coronavirus outbreak won't have the same impact as SARS did in 2003.
For now, the virus doesn't seem as deadly. As of Thursday, Daszak estimated that it had a 3.5% mortality rate -- the WHO estimates that SARS had a fatality ratio of 14% to 15%.
This time around, we know what the disease is, and there are potential vaccines that can be trialed, Daszak said. Health authorities are also better prepared, says Hung, who doesn't think that this outbreak will be as bad as SARS.
China has increased the number of people on lock down from 30 million to 56 million
If that was the USA or U.K the markets would surely be down on Monday. How many would show up for work???
But the 56 million live in china so who knows what the markets will do
Past experience shows a strong tendency to buy the dips
Thanks Wayne!
It's still very early and spreading still so for sure its going to get worse, probably much worse than this before it gets under control.
Much worse, however is still probably not going to be worse than an average flu season for much of the world, including the US.............but thats not for sure.
What is likely is that the death toll (rate for those infected) is not suddenly going to sky rocket. The current estimate from one source is around 3.5%, another around 2%. This actually is pretty high by flu standards. but we are not going to suddenly see that go up to 5%, then 10%, then 15%.
We will have many, many thousands more that get sick from it and some that die and will be able to more accurately state that number because the sample size will be so much greater but the mortality rate, if it changes will just be based on having a larger sample size.........not the virus becoming more powerful.
The sample size is large enough now, to have a mortality rate estimate thats in the ball park of where it will end up.
Based on existing data, the disease is said to have a 2% death rate. This means that for every 50 people who catch the infection, one will statistically die.
To put this into context, around one in every 1,000 who develop flu die, giving it a death rate of 0.1%.
https://www.foxnews.com/health/coronavirus-update-death-toll-grows-spreading
This map shows confirmed cases of the virus around the world, including the two in the U.S. -- Chicago and Seattle, respectively.
CORONAVIRUS DEATH TOLL RISES TO 41 IN CHINA, MORE THAN 1,200 SICKENED
Australia and Malaysia also reported their first case
USA, France and Japan evacuating citizens from China
Thailand has 4 C-130 on stand by ready to evacuate
Russia was on stand by yesterday. Not sure what Russia is doing
Thanks Wayne,
For sure over reacting (by authorities) and taking some extreme precautions that might not be necessary, after we look back at this event, is light years better than under reacting and finding out it got out of control as a result.............and lots of people died that did not need to die.
I am 100% supportive of all these (unprecedented in some cases) attempts to contain it. This is partly why I feel confident that it will be contained.
The points previously in this thread are meant for people reading the scary headlines and the unprecedented actions and worst case scenario speculations about something that is from the land of the unknown..........to inject a reality spun perspective into the conversation, in order to balance the sensationalized tone of the news.
I was discussing this with my kids and wife yesterday and they pointed out how the media always sensationalizes everything.
I was part of the media (chief meteologist for WEHT in Evansville) for 11 years.
It's impossible to not sensationalize at times because of the nature of the business.
Boring news, as accurate as it may be does not sell as well as jazzed up news. Good news is also boring compared to bad news.
A station that broadcast nothing but good news around the clock would go out of business pretty quickly. TV stations charge for their commercials based on how many viewers are watching at the time. The higher the ratings, the more money they make. They are not charities............they are for profit businesses and the competition can be very cut throat at times.
They do constant research to monitor ratings and to try to figure out what people like and dont like with things like focus groups and research polls. If 90% of the people stated that they would like to see a dog pooping, you can bet that they would broadcast a dog pooping.
But almost all of them do actually have high standards for their work. They really, really want to give people the best they can produce and display. They want to be better than their competition at what they do. This is pretty universal in the business, though I am pretty hard on the MSM recently for their chucking all of that out the window in order to focus on destroying Trump.
In their biased minds, however, they sincerely think that destroying Trump is an altruistic goal ( because they are blinded by their progressive activist political belief system-which greatly dominates people in the media and is exactly why they got into that business-to have the ability to change the world-to a world that matches up with how they think the world should be).
So they really are mostly good but misguided people. Misguided because they are violating/abusing the rules of objective, professional journalism and letting their emotions/personal feelings affect their work(get inserted with editorial comments, all thru their stories to spin meanings and tell just one side..... which they want others to get vs just reporting objective, no opinion facts).
CNN and CNBC do this all day long when it comes to everything they report on President Trump. They have been doing it continuously for so long and accepted it, that they really think they are being fair.
Fox news does it too of course, going the other way and they slammed President Obama unfairly for 8 years at times but the way the MSM has relentlessly ganged up to intentionally obliterate President Trump has taken it way beyond anything that is even in the vicinity of reasonable.
HEY, isn't this supposed to be about the coronavirus
How many motor fatalities do we have every day in the USA or Canada for that matter, that are not head line news
We now have 80 fatalities
Thanks Wayne,
Like I said over the weekend, this will get worse, probably much worse before it gets better. The reason that I started this thread over the weekend was in anticipation of exactly this.
For instance, you mentioned the 80 deaths now. On Tuesday, we aren't going to get news that it wasn't that bad and they only have 65 deaths. On Tuesday, the number of deaths will be greater, let's say 110..........same thing Wed, Thu and Fri and for some time. The death rate should go above 1,000 and sound really scary based on media reports that often sensationalize the news without proper balance/perspective before it appears that the risk is becoming less(again, I can't know this for sure).
What if the death rate later this year is 6,000 before they develop a vaccine and it appears to still be spreading? That will sound scary and authorities will need to be very assertive in taking the best actions to confront the situation.............but over 600,000 people get killed by the flu in the world every year............100 times more than this news.
But people will, instead be 100 times more scared of the coronavirus than they are of the flu because we've lived(and died) with the flu our entire lives and accepted it. The toughest things to adjust our mindset appropriately to, based on realities are new things, especially new unknown things and especially new, unknown, scary/life threatening things.
This is why the fake climate crisis/emergency has been so effective at scaring people during this current climate optima(best weather/climate in the last 1,000 years for life on this greening planet based on authentic atmospheric science and biology).
People don't understand climate and they hear from numerous sources that we have 10 years to save the planet from an apocalypse(and see all the bogus connections to every extreme weather event-that has happened before-by the MSM falsely blaming the fake climate crisis using junk science). I am an atmospheric scientist and an environmentalist. This is complete hogwash.
https://www.marketforum.com/forum/topic/27864/
And there is likely not going to be an "all clear" message to tell us its contained because it will probably be something that is out there for a long time...........at least thru this year.
When they develop a vaccine for it, which is very likely, then people getting vaccinated in the areas that have a high incidence will start turning things around. Of course, everybody that gets it and recovers which is most people, will be immune already.
Here's the latest(again, it will get worse/much worse than this)
https://www.cnn.com/asia/live-news/coronavirus-outbreak-01-27-20-intl-hnk/index.html
https://thehill.com/policy/finance/480162-stocks-close-with-steep-losses-driven-by-coronavirus-fears
https://en.wikipedia.org/wiki/Timeline_of_the_2019%E2%80%9320_Wuhan_coronavirus_outbreak
| Infected people in China according to the National Health Commission daily reports[2][3] | ||||
|---|---|---|---|---|
| 2020-01-16 | | 45 | ||
| 2020-01-17 | | 62 | ||
| 2020-01-18 | | 121 | ||
| 2020-01-19 | | 198 | ||
| 2020-01-20 | | 291 | ||
| 2020-01-21 | | 440 | ||
| 2020-01-22 | | 571 | ||
| 2020-01-23 | | 830 | ||
| 2020-01-24 | | 1,287 | ||
| 2020-01-25 | | 1,975 | ||
| 2020-01-26 | | 2,744 | ||
| 2020-01-27 | | 4,475 | ||
Can you believe that the regional gas distributor in this area of the Midwest would use the Coronavirus scare to price gouge us on gas prices????
They did................an unjustified +28c at the pump in one day, charged to us on Monday.........while actual prices for them went down strongly!
More on that on Tuesday!
Update: The Coronavirus has been causing almost all the markets to sell off, including the unleaded gas market.
However, the unleaded gas market already has it own very bearish fundamental reasons to drop..........the highest stocks in history!
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WGTSTUS1&f=W
Unleaded gas price:
`less than 1 year chart below. As you can see below, the price has plunged 25c from the highs earlier this month...............and justifiably from the standpoint of there being a GLUT in supplies.
So yesterday, in the face of this price plunge to the front month Unleaded and cash price and reasons to LOWER the price, the regional distributor of unleaded(to all the gas stations) jacks up the price 28c!!!
I'm assuming that was the source since everybody gets their gas from the same place and every station increased the price by the same amount to $2.49.
There is often a pychology in place in pricing gas. When prices have been higher for awhile, people get used to paying that price and will accept it. When the futures/cash price drops, as they have and should pressure prices at the the pump by a similar amount.........those pricing the gas at the regional distribution hub know that people are not following the unleaded commodity market, EIA reports and fundamentals..........and have little choice in shopping around because THEY set the price that ALL the local stations pay to get THEIR gas.
So they price gouge. Maybe only 5c or 10c for a short while by NOT dropping the price they sell their gas at, even though they are buying it cheaper.
Do you ever notice the sudden jumps in price for what seems like no reason?
Or just before holidays or key traveling time periods?
And how does every gas station in town know to suddenly increase the price of gas at almost the same time?
Yeah, that's them.
Coronavirus outbreak has killed 106 people in China and infected over 4,520 globally, most of them in the Asian country.
https://www.cdc.gov/flu/pandemic-resources/1918-commemoration/1918-pandemic-history.htm
There were no vaccine's back then. Also no antibiotics to treat secondary infections(anti biotics can't touch the actual coronavirus or any virus).
https://www.livescience.com/china-coronavirus-vaccine-update.html
metmike: The number of those infected and mortality numbers will continue to go up for quite awhile............ but the light at the end of the tunnel which will be the vaccines that inoculate people with the dead virus so that they produce antibodies to this particular/specific strain of the corona virus(their bodies are tricked into thinking that they actually got it and recovered) which makes them impervious to an invasion of the REAL/ACTIVE coronavirus.
This is sound/authentic science that assures us of beating the coronavirus..............after the vaccine is able to be administered in widespread fashion.
As I posted before at the start of this hoopala, world GDP will be affected
This is a market changer
As to stk market re-gaining all losses
That one is still questionable but possible
Either this is seen as a buying opportunity with cash sitting on the sidelines, waiting, or down she goes, some more, and we have seen the highs
If margin calls, then oops she is down hard
Commodities may not recover
Basis will do the heavy lifting for C/B/W
JMHO
Thanks Wayne,
Nobody knows with certainty how this will end but it seems to me, like the worst case scenarios we are hearing will end up being way overdone and are partly the result of us hearing and reading things in a way and from sources that didn't exist 2 decades ago.
The first new disease outbreak in the social media era has been defined by the rapid spread of panic and uncertainty. Here’s what you should worry
https://www.buzzfeednews.com/article/danvergano/coronavirus-cases-deaths-flu
Warren....... Coronavirus and climate change
Started by metmike - Jan. 29, 2020, 12:26 a.m.
https://www.cnbc.com/2020/01/29/coronavirus-latest-updates.html
metmike: Confirmed cases and deaths will continue to go up for some unknown period of time at an unknown rate for months.
Once the vaccine is developed(? months) and people get inoculated, the infection rate will plummet.
Will the Corona virus have spread to the US before this and be doing the same thing? Probably not but we can't say for certain.............and keep in mind, this is nothing worse than a really bad strain of the flu and they WILL have the vaccine for it later this year.
A question would be: How fast can they manufacture the vaccine? It will certainly go to the places with the most severe outbreaks first. Maybe it will take a year before all this can really gain traction.
https://en.wikipedia.org/wiki/Timeline_of_the_2019%E2%80%9320_Wuhan_coronavirus_outbreak
| Confirmed cases in Mainland China according to the National Health Commission daily reports[1] | ||||
|---|---|---|---|---|
| 2020-01-16 | | 45 | ||
| 2020-01-17 | | 62 | ||
| 2020-01-18 | | 121 | ||
| 2020-01-19 | | 198 | ||
| 2020-01-20 | | 291 | ||
| 2020-01-21 | | 440 | ||
| 2020-01-22 | | 571 | ||
| 2020-01-23 | | 830 | ||
| 2020-01-24 | | 1,287 | ||
| 2020-01-25 | | 1,975 | ||
| 2020-01-26 | | 2,744 | ||
| 2020-01-27 | | 4,515 | ||
| 2020-01-28 | | 5,974 | ||
Semi-log plot of confirmed cases and deaths indicates the epidemic is in an exponential phase. Doubling time is 1.71 days (95% Confidence_interval 1.64 to 1.79) for case numbers.
It’s difficult to predict, but researchers have some tools to try to estimate the progression of an outbreak.
An analysis by Gabriel Leung and other team members at the University of Hong Kong estimates that there could have been as many as 43,590 people infected by 2019-nCoV by Jan. 25. The group estimates that the outbreak may peak between late April and early May.
The head of Swiss pharmaceutical giant Novartis says he expects it to take more than a year to develop a vaccine for the deadly coronavirus.
The reality is, it will take over a year in my expectation to really find a new vaccine for this so, we need to really use epidemiological controls to really get this situation in a better place,” CEO of Novartis Vas Narasimhan told CNBC Wednesday.
This comes as Chinese officials report the coronavirus has infected more than 6,000 people with 132 deaths and 103 cured, and thousands of suspected cases.
Scientists in China, the United States and Australia are working to develop a vaccine capable of stopping the spread of the virus, which was first discovered in the Chinese city of Wuhan.
Meanwhile, the chief scientific officer for Johnson & Johnson told CNBCMonday that he’s confident the company can produce a vaccine for the virus, but also estimated it would take eight to 12 months for the company to reach the human clinical trial stage.
Researchers in Hong Kong claim they have already come up with a vaccine, but admitted animal testing could take months and human clinical trials could take “at least one year even if expedited.”
By Rex Nutting
Published: Jan 30, 2020 11:44 a.m. ET
We ignore the familiar things that kill and instead obsess over distant threats
https://www.marketwatch.com/story/for-now-the-flu-is-a-bigger-risk-than-coronavirus-2020-01-30
"Humans are dreadful at assessing risks. We ignore the familiar dangers of day-to-day living — like driving on the highways — but obsess over rare and distant threats to our well-being — such as the current boogeyman, the coronavirus outbreak in China, which has killed more than 150 people in China and sickened more than 7,700."
There are no indications that the coronavirus is worse than expected or contradictions of anything stated previously in this thread. In fact,. I'm reading more stories from sources that are providing this more balanced, less alarming view.
https://en.wikipedia.org/wiki/Timeline_of_the_2019%E2%80%9320_Wuhan_coronavirus_outbreak
Semi-log plot of confirmed cases and deaths indicates the epidemic is in an exponential phase.[34]
Tibet confirms its first case, which was previously suspected.[282] Cases have now been confirmed in all 31 provincial divisions of mainland China.[283] India confirms its first case of coronavirus in a student who had returned from Wuhan University to the Indian state of Kerala.[284] Philippines confirms its first case of coronavirus in a female Chinese national who arrived in Manila via Hong Kong on 21 January.[285] Malaysia confirms one more case, bringing the total to 8.[286] Singapore confirms three more cases, bringing the total to 13.[287] South Korea confirms two more cases, with one of them being the first human-to-human transmission there. [288] Vietnam confirms three new cases, bringing the total to 5. The three became infected during a training trip to Wuhan.[289]
The Huanggang Communist Party committee announced the dismissal of its health chief, Tang Zhihong.[290]
Thousands of people are quarantined on board an Italian cruise ship as tests are carried out on two Chinese passengers suspected of having caught coronavirus, a spokesman for the Costa Crociere cruise company has said.[291]
https://www.bbc.com/news/world-asia-china-51305526
Researchers are racing to develop a vaccine to protect people from the virus. One lab in California has plans for a potential vaccine to enter human trials by June or July.