China’s leaders are bracing for a blow to first-quarter economic growth as the deadly coronavirus weighs on consumption, travel and manufacturing, with the lunar new year break extended until next week.
The virus, which originated in the central Chinese city of Wuhan, has led authorities to cancel events across the country for the normally week-long lunar new year period, which started on Saturday.
As of Monday night, the coronavirus had killed at least 81 and infected more than 2,800, leading authorities to impose an unprecedented lockdown on a population of about 40m around Wuhan in Hubei province.
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