Source: The Economic Times India
BEIJING | SHANGHAI: China has agreed to allow U.S. health experts into the country as part of a World Health Organization (WHO) effort to help fight the fast-spreading coronavirus, as the number of cases and deaths continued to mount. In central China’s Hubei province, epicenter of the epidemic, China state TV reported there were 2,345 new cases of the virus and another 64 deaths, bringing the total of virus-related fatalities in Hubei to 414 by Monday. The Chinese stock market plunged about 8% on Monday, wiping $393 billion off the value of the Shanghai bourse, on the first day of trading following an extended Lunar New Year holiday in a bid to help keep people at home and contain the virus’ spread. The White House said on Monday China had accepted its offer to have U.S. experts as part of a WHO mission to study and help combat the virus that emerged in Hubei’s provincial capital of Wuhan. A 1,000-bed hospital built in eight days to treat people with the virus in Wuhan was due to receive its first patients on Monday, state media said.