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Xi visits virus’ epicenter as fears of recession grip world

Xi visits virus’ epicenter as fears of recession grip world

13 Sept 09:41 Key points summarised by AI
  • President Xi Jinping's visit to Wuhan, the virus's epicenter, signaled China's diminishing threat from the illness and its gradual return to normalcy.
  • As China recovered, the virus intensified globally, with Italy implementing a sweeping nationwide travel ban and other countries experiencing worsening outbreaks.
  • Global markets plummeted, suffering their worst losses since 2008, as widespread panic over the virus's economic impact fueled fears of an impending worldwide recession.
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