Covid-19 Coronavirus Pandemic -- News Updates March 11, 2020

CNBC: China’s coronavirus outbreak has ‘passed its worst,’ says UBS

* As governments around the world scramble to contain the spread of the coronavirus, the situation in China appears to have “passed its worst,” according to UBS Global Wealth Management’s Kelvin Tay.
* Tay’s comments came before Chinese President Xi Jinping visited Wuhan on Tuesday — the city where the disease was first reported and the worst hit in the country. It was his first visit since the outbreak started.
* Since being first reported in China, the coronavirus has spread across the globe, infecting nearly 114,000 people globally and taking at least 4,000 lives, according to the latest data from the World Health Organization.

As governments around the world scramble to contain the spread of the coronavirus, the situation in China may have “passed its worst,” according to the regional chief investment officer of UBS Global Wealth Management’s Kelvin Tay.

There is a “semblance that production capability is actually now coming back to the Chinese economy,” Tay said, citing a decline in the number of reported infections in the country.

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Covid-19 Coronavirus Pandemic -- News Updates March 11, 2020

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China allows some businesses to return to work in Wuhan -- France 24
Anxiety, isolation, boredom: The side effects of coronavirus in China -- France 24
Some in Wuhan told to go back to work as new coronavirus cases subside in China -- Reuters
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Concern grows as new coronavirus cluster emerges in Seoul -- UPI
South Korea coronavirus cases spike after slowdown -- Sputnik
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