Wuhan corona virus has affected some countries and business followed the authorities quarantine the city and suspend planes and trains in and out of the city - Photo by GettyImages

JAKARTA (TheInsiderStories) Wuhan corona virus has affected some countries and business followed the authorities quarantine the city and suspend planes and trains in and out of the city. Hours after the lockdown, the similar measures will take effect today in nearby Huanggang, a city of more than seven million peoples.

Since the coronavirus spread out, 17 peoples has been died and there are more than 500 confirmed cases of the virus and spread abroad. BBC reported, authorities around the world have announced screening measures for passengers traveling from China.

Thailand has confirmed four cases of the virus, the most outside of China. The United States (US), Japan, Taiwan and South Korea have all reported one case each. President Donald Trump said the situation was “totally under control” and that he trusted the information being provided by Chinese authorities.

In Malaysia, Malindo Air has officially announced the suspension of international flights from Kuala Lumpur International Airport route to Wuhan International Airport, Tianhe, China, until further notice. The unit of Lion Air said, the decision has been taken as an anticipatory measure according to a travel ban notification from Wuhan authorities regarding the impact of the corona virus outbreak.

While, CNN reported, airports around the world are increasing health screenings and implementing new quarantine procedures, including in major airports in the US, Thailand, Singapore and Australia.

In addition, Hong Kong’ Mass Transit Railway has halted the sale of high-speed railway tickets to and from Wuhan. Several countries, including the United Kingdom and Japan, have advised against all but essential travel to Wuhan.

However, the World Health Organization has not yet declared the virus a “public health emergency of international concern,” which might merit a coordinated global response. Yesterday, the organization’ emergency committee met in Geneva, but decided more information was needed to declare the status of the outbreak and what recommendations should be made regarding it.

The outbreak of a SARS-like coronavirus (2019-nCoV) in Wuhan is developing into a major potential economic risk to the Asia – Pacific region now that there is medical evidence of human-to-human transmission.

A total of 224 cases of pneumonia caused by the new Wuhan coronavirus had been confirmed in China by Monday 20 January 2020, although the total number of coronavirus cases could be even higher. Fifteen medical staff in Chinese hospitals, who were treating patients with the Wuhan virus, have also contracted the virus.

Earlier, Rajiv Biswas, Asia Pacific Chief Economist at IHS Markit rated, the 2003 SARS crisis created a severe negative impact on GDP growth for the Chinese economy and also hit the economies of a number of Southeast Asian nations, including Malaysia, Singapore and Vietnam.

However, other economies are also vulnerable, with the SARS epidemic having also had a negative impact on the economies of Canada and Australia. Since the 2003 SARS crisis, China’ international tourism has boomed, so the risks of a global SARS-like virus epidemic spreading globally have become even more severe.

Sectors of the economy that are particularly vulnerable to a SARS-like virus epidemic that can be spread by human-to-human transmission are retail stores, restaurants, conferences, sporting events, tourism and commercial aviation. A key concern is the potential risk for the Tokyo Summer Olympics in July-August 2020.

Therefore, containing the current Wuhan virus outbreak has become a key priority for Chinese and international health care authorities, with enhanced screening of travelers now being put into place in many major airports worldwide.

Other economies are also vulnerable, with the SARS epidemic having also had a negative impact on the economies of Canada and Australia. Since the 2003 SARS crisis, China’ international tourism has boomed, so the risks of a global SARS-like virus epidemic spreading globally have become even more severe.

Sectors of the economy that are particularly vulnerable to a SARS-like virus epidemic that can be spread by human-to-human transmission are retail stores, restaurants, conferences, sporting events, tourism and commercial aviation. A key concern is the potential risk for the Tokyo Summer Olympics in July – August 2020.

Therefore, containing the current Wuhan virus outbreak has become a key priority for Chinese and international health care authorities, with enhanced screening of travelers now being put into place in many major airports worldwide.

Written by Staff Editor, Email: theinsiderstories@gmail.com