Donald Trump Offers China Help Amid Coronavirus Outbreak, Markets Reel

Shanghai: (HRNW) US President Donald Trump offered China whatever help it needed on Monday to control a coronavirus outbreak that has killed 81 people, stranded tens of millions during the biggest holiday of the year and rattled global markets.
With provincial authorities taking increasing flak from the public over their initial response, Chinese Premier Li Keqiang visited Wuhan city, epicentre of the outbreak, to encourage medical workers and promise reinforcements.

Global stocks fell, oil prices hit three-month lows, and China’s yuan dipped to its weakest in 2020 as investors fretted about damage to the world’s second-biggest economy from travel bans and an extended Lunar New Year holiday.

Shortly after Trump offered help, the US State Department warned Americans against visiting all of China due to the new virus.

Visiting Wuhan in blue protective suit and mask, Li praised medics, said 2,500 more workers would join them in the next two days, and visited the site of a new hospital to be built in days.

Be the first to comment on "Donald Trump Offers China Help Amid Coronavirus Outbreak, Markets Reel"

Leave a comment

Your email address will not be published.