- China’s National Health Commission reported an additional 143 deaths nationwide, as well as 2,641 new confirmed cases as of Feb. 14.Â That brings the total number of confirmed cases in the country toÂ 66,492, and number of total deaths at 1,523, the authority said.
- China’s foreign minister slammed the global ‘overreaction’ to virus in an interview with Reuters.
- The U.S. is evacuating its citizens and their families who are onboard the Diamond Princess cruise ship off Japan that has been quarantined for almost two weeks, according to the Wall Street Journal
- White House trade advisor Peter Navarro told Fox Business Network on Friday night Eastern time that testing and production of a coronavirus drug could start as soon as late February.
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All times below are in Beijing time.
China’s central bank says lenders will accept higher levels of bad loans in a bid to support firms affected by the virus outbreak, according to a Reuters report.
It said that situation will be manageable as China has a relatively low bad loan ratio, the report said.
He added that the problem will be manageable as China has a
relatively low bad loan ratio.
China’s deputy chair of the banking and insurance regulator, Liang Tao, said Saturday at a press conference that there are already more than 400 insurance products that can cover risks related to the new coronavirus pneumonia.
“Due to the lack of pricing data, and for the protection against violation of consumer rights, the China Banking and Insurance Regulatory Commission prohibits companies from issuing such single-liability products,” Liang said, according to a CNBC translation of his Mandarin-language remarks.
A total of 217 medical teams comprised of 25,633 healthcare workers have been sent to the virus-hit Hubei province as of Feb. 14, according to state-owned media People’s Daily citing China’s National Health Commission. The majority of them are in Wuhan.
On Friday, China said thatÂ 1,716 health workers in the countryÂ haveÂ been infected with the COVID-19 virus.