Beijing decided to close schools as coronavirus returns

Today Beijing's city officials raised its COVID-19 emergency response level to II from III, according to local media.

The Chinese capital is battling with a what appeared to be its largest coronavirus outbreak in more than two months. Today China reported 40 new infections , included 27 in Beijing, bringing the city's total to 106 since Friday. According to the latest reports, the authorities decided to close all schools again.

Many of the recent cases have been linked to Beijing's Xinfadi wholesale market and authorities have been testing market workers, anyone who visited the market in the past two weeks and anyone who came into contact with either group. Fresh meat and seafood in the city and elsewhere in China was also being inspected on the unlikely chance that was how the virus spread.

Recent news spoiled market sentiment and most indexes fell from their daily highs. Source: xStation5

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