Xi visits virus’ epicenter as fears of recession grip world

BreaknLinks

BEIJING  
A masked worker looks out from his office in Beijing, Tuesday, March 10, 2020. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (AP Photo/Andy Wong)

BEIJING  — China’s president visited the center of the global virus outbreak Tuesday as Italy began a sweeping nationwide travel ban and people worldwide braced for the possibility of recession.

President Xi Jinping’s trip to the coronavirus’ epicenter of Wuhan — his first since the start of the outbreak — came as parts of his country return to normalcy, and was a sign of the diminishing threat the illness presents in China as it spreads west.

Nowhere was that more evident than Italy, where travel restrictions previously limited to the country’s north were extended everywhere beginning Tuesday, with soldiers and police enforcing bans. Some 9,172 people were infected in Italy and 463 have died and there was a growing sense the numbers would only worsen.

“We’re only at the beginning,” said Dr. Massimo Galli, head of infectious disease at Sacco Hospital in Milan, where people at the city’s main train station were required to sign forms certifying the necessity of their travel.

Outbreaks worsened in France, Spain and Germany, and fear grew in the United States, where more than 750 people are infected and even some top political leaders were quarantined.

For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia.

The World Health Organization says people with mild illness recover in about two weeks, while severe cases may last three to six weeks. In mainland China, where the outbreak emerged in December, almost three-fourths of its more than 80,000 patients have recovered.

Regardless, the virus has shaken global markets, with stocks taking their worst one-day beating on Wall Street since 2008 and oil prices suffering their most brutal losses since the start of the 1991 Gulf War.

Even with Asian markets posting modest gains Tuesday, fear was rampant that economies stood at the brink of recession.

“Right now, it’s all-out panic,” said Phil Flynn of the Price Futures Group brokerage.

Xi’s trip to Wuhan came as the country recorded just 19 new cases of the virus Tuesday. State media reported he would inspect virus prevention and control efforts and visit medical workers, patients and others on the front lines of the virus fight.

The visit also was likely to be seen as an attempt to bolster views of the ruling Communist Party’s handling of the crisis. Xi was conspicuously absent from the public eye during the early days of the outbreak and alarms were not sounded until late January.

Wuhan and nearby cities have been under lockdown since then, though, in a virus-containment measure.

Ying Yong, the party secretary of Hubei province where Wuhan is located, told local officials that preparations should be made for resuming business production and the safe and orderly movement of individuals, according to a notice published on Hubei’s government website.

Already, there are signs the lockdown is loosening. Jingzhou, a city in Hubei, has ordered roads and village entrances low-risk areas to be reopened to restore agricultural production.

The edge toward normalcy in China and improving reports from South Korea — where new infections continued to dip — contrasted with a widening problem elsewhere in the world.

Italy’s far-reaching restrictions were to last through April 3 and violators risked up to three months in jail or fines of 206 euros ($225). Schools and universities were remaining closed and pubs, eateries and cafes were to shutter at dusk.

“Our habits must be changed, changed now,” Conte said.

In the U.S., President Donald Trump was planning to announce proposals Tuesday aimed at curbing the economic fallout from the outbreak. He said the measures would include payroll tax relief.

Trump dove into handshakes with supporters earlier in the day and flew back from a Florida fundraiser with a lawmaker who later went into a voluntary quarantine because he came into contact with someone who had tested positive for the virus. Trump’s incoming chief of staff, too, went into quarantine, also stemming from concerns from a conservative political gathering an infected person attended.

Worldwide, more than 114,000 cases of the virus have been reported in about 100 countries. The leader of WHO, Tedros Adhanom Ghebreyesus, said Monday, “the threat of a pandemic has become very real.”

The most recent additions are Panama, adding to a few dozen cases in Latin America, and Mongolia, which borders China. Authorities there said Tuesday the country’s first virus patient was a French energy worker who met with colleagues and traveled while he was infected.

Publish : 2020-03-11 02:13:10

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