Adedokun Waliyu 
The coronavirus outbreak in China may be over by April, its senior medical adviser said on Tuesday, but deaths passed 1,000 and the World Health Organization feared a “very grave” global threat.
As the epidemic squeezed the world’s second-biggest economy, Chinese firms struggled to get back to work after the extended Lunar New Year holiday, hundreds of them saying they would need loans running into billions of dollars to stay afloat.
Company layoffs were beginning despite assurances by President Xi Jinping that widespread sackings would be avoided, as supply chains for global firms from car manufacturers to smartphone makers ruptured.
China’s foremost medical adviser on the outbreak, Zhong Nanshan, told reporters that numbers of new cases were falling in parts and forecast the epidemic would peak this month.
“I hope this outbreak or this event may be over in something like April,” added Zhong, 83, an epidemiologist who won fame for his role in combating an outbreak of Severe Acute Respiratory Syndrome in 2003.
The World Health Organization (WHO) said on Tuesday 1,017 people had died in China where there were 42,708 cases.
Only 319 cases have been confirmed in 24 other countries and territories outside mainland China, with two deaths: one in Hong Kong and the other in the Philippines.
World stocks, which had seen rounds of selloffs due to the coronarivus’ impact on China’s economy and ripple effects round the world, kept rising towards record highs on Zhong’s comments.
WHO Chief Tedros Adhanom Ghebreyesus was less sanguine, however, appealing for the sharing of virus samples and speeding up of research into drugs and vaccines.
“With 99% of cases in China, this remains very much an emergency for that country, but one that holds a very grave threat for the rest of the world,” he told researchers in Geneva.
