Market news
24.10.2021, 21:05

China warns of further spread in latest COVID-19 flare-up

Reuters reported that China's latest COVID-19 outbreak is increasingly likely to spread further.

This warning comes from a health official who spoke on Sunday while authorities urged all regions to step up monitoring and called for a reduction in travel across provinces.

Key notes

''China has largely contained the virus but it is determined to stamp out any sporadic local outbreaks, particularly in the run-up to the 2022 Winter Olympics in February.''

''More than 100 locally transmitted cases have been confirmed over the last week across 11 provincial areas, with most linked to 13 different tour groups.''

''There is increasing risk that the outbreak might spread further, helped by "seasonal factors", Mi Feng, spokesman at the National Health Commission, told reporters on Sunday.''

''The Delta variant causing the outbreak is also highly transmissible, said commission deputy director Wu Liangyou, adding that sequencing showed it to be different from the source of an earlier outbreak, and suggesting that the new cases came from a new source from abroad.''

 

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location