The coronavirus pandemic shows little signs of letting up, and is spurring further demand for China’s medical products even as the global economy continues to falter.
The interest in Chinese medical supplies is an encouraging sign for the country’s exports — which support its economy and millions of jobs. Economists point out that the demand for coronavirus-related products has helped China sell more overseas than expected.
Meanwhile, a new peer-reviewed study suggests the pandemic might be even worse than the current statistics show, with deaths in the U.S. likely undercounted. Former FDA Commissioner Scott Gottlieb, meanwhile, told CNBC that the U.S. has probably already surpassed 100,000 new cases a day, but the scale of the pandemic is not being captured in the data because testing capacity remains limited in some parts of the country.
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks.
- Global cases: More than 10.69 million
- Global deaths: At least 516,210
- Countries with the most cases: United States (more than 2.6 million); Brazil (more than 1.4 million); Russia (653,479); India (604,641); United Kingdom (314,992)
The data above was compiled by Johns Hopkins University.
Cases in India surpass 600,000
2:45 p.m. Singapore time — The number of coronavirus cases in India rose above 600,000, with 17,834 deaths, reported Reuters, citing officials and the health ministry.
India has the largest outbreak in Asia, according to data compiled by Johns Hopkins University.
A municipal worker walks past a graffiti of a youth wearing a face mask on May 4, 2020 in Mumbai, India amid a nationwide lockdown to fight against the coronavirus outbreak.
Indranil Mukherjee | AFP | Getty Images
To contain the virus, the government of Prime Minister Narendra Modi in late March imposed a strict nationwide lockdown, which halted much of the country’s economic activity.
The country is coming out of those lockdown measures, but a jump in daily new cases in recent weeks forced several state authorities to reinstate some restrictions, according to the Reuters report. —Yen Nee Lee
Tokyo’s daily new cases rise above 100 for the first time in two months
2:32 p.m. Singapore time — The Japanese city of Tokyo has confirmed more than 100 new cases of the coronavirus on Thursday, according to public broadcaster NHK.
The last time daily new cases in the city were above 100 was May 2, reported NHK, citing the Tokyo Metropolitan Government.
Japan on May 25 lifted its state of emergency aimed at curbing the spread of the virus. Reuters reported that the city government in Tokyo had sought to keep daily new infections below 20, but the number has consistently exceeded 50 over the past week.
Despite the rise in cases in Tokyo, Japanese government officials have repeatedly said that there’s no need to declare a new state of emergency, according to the Reuters report. —Yen Nee Lee
Read More: Coronavirus live updates: India’s cases cross 600,000