0607 GMT February 24, 2020
The number of new cases has trended down in the past week, raising hopes that the epidemic may be peaking, according to AP.
The National Health Commission said 2,015 new cases had been tallied on Tuesday, the second straight daily decline and down from nearly 3,900 a week ago. Commission spokesman Mi Feng said the situation is still grim but “we have seen some positive changes.”
Leading Chinese epidemiologist Zhong Nanshan told doctors in Wuhan that while the rest of China may have turned the corner, more efforts are still needed to stop the spread of the virus in the city and the rest of Hubei Province, the hardest-hit area.
The total number of cases in mainland China reached 44,653 and the death toll hit 1,113. Two people have died elsewhere, one in Hong Kong and one in the Philippines.
A Chinese drug manufacturer announced it has begun producing a drug developed by US company Gilead Sciences Ltd. for possible use against the new virus.
While most of the infections have been in China, it has gradually rippled overseas. In Japan, 39 new cases were confirmed on a cruise ship quarantined at Yokohama, bringing the total to 174 on the Diamond Princess.
A Formula One race in Shanghai in April became the latest event canceled because of the virus. Organizers said they would consider holding it later in the year if the situation improves.
DBS told 300 employees to work from home after it learned that an employee had been infected by the virus. The Singapore bank said all staff on the same floor should do so as a precautionary measure. The city-state has 50 confirmed cases.
In China, state media said a large cluster of cases in a district of Tianjin, a port city southeast of Beijing, has been traced to a department store. One third of Tianjin’s 104 confirmed cases are in Baodi district, where the store is located, Xinhua reported.
China is struggling to restart its economy after the annual Lunar New Year holiday was extended to try to curb the spread of the virus. Traffic remained light in Beijing and many people were still working at home.
Chinese President Xi Jinping promised tax cuts and other aid to industry as the government tries to limit growing damage to the economy. The outbreak has become the latest political challenge for Xi and China’s ruling Communist Party.
Xi’s announcement of tax cuts came as companies face increasing losses due to the closure of factories, offices, shops and other businesses in the most sweeping anti-disease measures ever imposed.
The government needs to “maintain stable economic operation and social harmony,” Xi said in comments broadcast on state television.