China confirms 15,152 new coronavirus cases, 254 additional deaths

  • China said it confirmed 15,152 new cases and 254 additional deaths and that those figures include the ones reported earlier by Hubei province.
  • China’s Hubei province reported an additional 242 deaths and 14,840 new cases as of Feb. 12.
  • The province said it is starting to include “clinically diagnosed” cases in its figures and that 13,332 of the new cases fall under that classification.

The chief executive of smartphone maker Xiaomi said the the disruption caused by the coronavirus outbreak could impact first-quarter sales, but CEO Lei Jun said Thursday that he believes demand will bounce back in the second and third quarters.

“Due to the outbreak of (the) virus, this year’s first quarter smartphone sales will face an impact, but we believe that in the second and third quarters they will strike back. Overall, the impact might not be that serious,” the CEO said, according to a translation of his comments from the company provided to CNBC’s Arjun Kharpal.

Japanese Prime Minister Shinzo Abe said Thursday that the cabinet will decide on Friday to spend 10.3 billion yen from the country’s budget to respond to the coronavirus, Reuters reported. Steps to tackle the outbreak will total 15.3 billion yen, he added after a meeting of a task force.

The coronavirus is causing travel demand to slump across the whole Asia-Pacific region, according to data released by travel analytics firm ForwardKeys on Thursday, with the region seeing a 10.5% slowdown in outbound travel bookings for March and April (excluding trips to and from China and Hong Kong).

As of February 9, the setback looks likely to be most marked in northeast Asia, where outbound bookings for March and April, are 17.1% behind where they were at the equivalent moment last year.

Source: https://www.cnbc.com/2020/02/13/coronavirus-latest-updates-china-hubei.html

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