Chinese economic damage mounts

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Let’s start with the weekend virus updates:

At 04:00 on February 15th, 31 provinces (autonomous regions, municipalities) and the Xinjiang Production and Construction Corps reported 2009 new confirmed cases, 219 severe cases, and 142 death cases (139 in Hubei and 2 in Sichuan). Cases, 1 case in Hunan), with 1918 new suspected cases.

On the same day, 1323 cases were cured and discharged, and 29,788 close contacts were lifted from medical observation.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.