Coronavirus China has been a point of concern for people and economies around the world.
The global epidemic has resulted in the loss of thousands of lives.
Businesses and economies have suffered major setbacks because of the coronavirus outbreak.
What is the big deal about the new coronavirus, COVID-19?
Is there a treatment for the Coronavirus?
Will the emerging threat of the coronavirus have a major impact on the worldwide economy as it spreads across the globe?
Let’s dig into all this and address these questions and more.
What is Coronavirus?
As per the US Centers for Disease Control and Prevention, coronavirus is a type of virus that’s common among animals.
In other words, these viruses can be transmitted from animals to human beings.
Coronavirus China: History
The coronavirus outbreak began in Wuhan (China) in December 2019 when the Chinese health authorities informed that several people living in Wuhan were being treated for pneumonia from an unknown source.
The first death was reported in January this year when a 61-year-old man died of the novel coronavirus.
Here is a timeline of the coronavirus outbreak.
Coronavirus Outbreak: Conspiracy Theories
Whenever there is a global issue such as the coronavirus, conspiracy theories are bound to emerge and spread over the Internet.
So what do conspiracy theories’ take on the China Coronavirus outbreak?
As per the anonymous posting site MaskMyPost, a 1981 novel “The Eyes Of Darkness” predicted the coronavirus.
The post on the site says- author Dean Koontz talks about a killer virus named ‘Wuhan-400’ after the Chinese city it originated in.
The same site also talks about coronavirus being political propaganda.
The post accompanies a video talking about a study showing that the virus did not originate from the animal market in Wuhan, China.
Amid the global epidemic, we also saw a rise in coronavirus memes.
Did I make a mistake?
Coronavirus memes are, in fact, quite popular these days.
William Gibson, a 17-year-old teenager, created a website that allows you to generate handwashing infographics based on your favorite song lyrics.
You can also find more coronavirus memes on Tiktok.
Here is one of the most popular coronavirus memes on the viral site
In this viral meme, a hamster is seen washing hands and using a tissue.
Coronavirus vs flu
Is there a similarity between the flu and COVID-19?
Both can cause fever, cough, body aches, fatigue, vomiting, and diarrhea.
And they can result in pneumonia.
While both diseases can spread from human contact, the COVID-19 might be spread through the airborne route.
Antibiotics don’t work with both since they are viral (and not bacterial infections).
As of now, there is no vaccine available for the COVID-19, which has affected almost 127,863 people around the world.
What about the coronavirus death rate?
As per the WHO, the mortality rate associated with coronavirus is 3.4%.
Coronavirus effects: Business & Economy
As per the Organisation for Economic Cooperation and Development (OECD), a longer-lasting and more intensive coronavirus outbreak could halve the global economic growth in 2020.
Take a look at how the Coronavirus China outbreak has affected the stock markets:
There have been big shifts in the stock markets.
In fact, last month (February) witnessed the worst performance for major stock markets since the 2008 financial crisis.
One-third of global manufacturing is done in China.
China is also the largest exporter of goods in the world.
But with the coronavirus outbreak, factories are having to pause their operations.
Coronavirus outbreak has instilled fear in people all around the world.
This means fewer shoppers.
Shops, restaurants, and car dealerships have been hit by this situation.
The travel industry has been badly hit by the coronavirus outbreak.
According to ForwardKeys, international flights booked from China down by 55.9% as against the same period in 2019.
Flight cancellations are on the rise due to the growing number of even-cancellations.
Here is the coronavirus outbreak map from CDC:
As per the CDC, a total of 1,215 cases and 36 deaths have been confirmed in the US.
Is there a cure for coronavirus?
I wish there was good news, aka, coronavirus cure.
Sadly, there is no vaccine against developing COVID-19.
Even antibiotics don’t work since COVID-19 is a viral infection and not bacterial.
However, researchers are working around the world to find/develop a vaccine.
Treatment options using Remdesivir, Chloroquine, Lopinavir & Ritonavir, APN01, and Favilavir are being investigated as well.
What’s the lastest coronavirus live update?
As of writing this post, 5,122 people have died due to the coronavirus outbreak.
China and Italy top the list.