The 2,015 new confirmed cases took China's total to 44,653. "It has spread to other places where it's the beginning of the outbreak," Dale Fisher, head of the Global Outbreak Alert and Response Network coordinated by the WHO, said in an interview in Singapore. The outbreak has been named Covid-19 - CO for corona, VI for virus, D for disease and 19 for the year. "Just as the H1N1 influenza outbreak in the United States in 2009 should not be called an 'American virus,' the NCP (novel coronavirus pneumonia) is neither a 'China virus' nor 'Wuhan virus'." With companies laying off workers and supply chains disrupted from the car industry to smartphones, China's economy is taking a big hit.

Source: The Edge Markets February 12, 2020 14:26 UTC