Concerns around the coronavirus in Asia are increasing as China faces worst COVID outbreak since Wuhan.
China reported 1,275 new coronavirus cases on March 27 compared to 1,254 the day before. The influx of imported cases from Hong Kong has hit the mainland, with Shanghai announcing to close half of the city in four-day shifts while carrying out massive tests.
The financial hub surpassed the northeastern province of Jilin, reporting 2,676 new infections, a jump of 18% from the previous day, according to official data.
The Shanghai health official said: “The latest covid-19 tests throughout the city are aimed at completely eliminating possible hidden risks and cleaning up all cases as soon as possible.“.
American car manufacturer Tesla suspends production at its Shanghai factory for four days.
Meanwhile, Bloomberg reported that Taiwan added 83 local cases on Sunday. The number of confirmed local cases rose to its highest level since June last year.
Eastern Pacific countries like South Korea, Vietnam, Singapore and Australia have also seen an increase in cases. this month.
Source: Fx Street
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