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Coronavirus to be big topic for G20 as China reports uptick in cases

Coronavirus to be big topic for G20 as China reports uptick in cases

13 Sept 11:50 Key points summarised by AI
  • China reported an uptick in new coronavirus cases, yet the overall infection rate remained at its slowest since January, a trend the WHO found encouraging but warned against complacency.
  • The coronavirus epidemic is set to dominate discussions at the G20 finance leaders' meeting due to its escalating risks to global growth, with countries like Japan, Singapore, and South Korea already facing economic downturns and slumped exports.
  • Beyond China, new hotspots emerged in South Korea and Iran, while fears of contagion triggered societal unrest, discrimination against evacuees, and a global market shift towards safe-haven assets.
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