This is a red-hot blog. Please check back for updates.
All times below are in Beijing time.
11:15 am: Trump trade advisor Navarro pronounces drug production could start as soon as this month
White House trade advisor Peter Navarro confessed Fox Business Network on Friday night Eastern time that testing and production of a coronavirus drug could start as eventually as late February.
He said on the show that the White House is “moving at Trump time” on a treatment drug and are anticipating testing and production could begin “as early as the end of the month, mid-March.”
Navarro told Fox Business Network a vaccine could be “expectedly as early as next November,” adding that five large American companies are working to get 150 million doses of a vaccine agreeable.
10:40 am: US evacuating citizens aboard quarantined cruise ship off Japan
The U.S. is evacuating its citizens and their families who are onboard the Diamond Princess yacht ship off Japan that has been quarantined for almost two weeks, according to the Wall Street Journal, which cited an ceremonious from the U.S. Centers for Disease Control and Prevention.
There will be two evacuation flights from Japan for around 380 being, the report said.
At least 218 passengers on the Diamond Princess were confirmed to be infected.
10:25 am: Support for companies to protest outbreak in China
As of noon on Friday, banks and financial institutions have supplied more than 537 billion yuan ($76.9 billion) in belief to fight the virus, Liang Tao, deputy head of the China Banking and Insurance Regulatory Commission, said Saturday morning at a squeeze conference in Beijing.
9:30 am: China’s foreign minister slams global ‘overreaction’ to virus
China’s State Councillor and Strange Minister Wang Yi said China’s efforts to control the epidemic have been comprehensive and that it’s “under lever,” while slamming the “overreaction” of other countries, according to a Reuters report.
In an interview with Reuters in Berlin, he commanded: “The epidemic overall is under control.”
“”We’ve taken such complete prevention and control efforts, efforts that are so sweeping, that I can’t see any other country that can do this,” Wang said, adding that they would find it quite difficult, according to Reuters. “But China has been able to do this.”
The U.S. should not take unnecessary measures that choose affect tourism and trade, he said, according to Reuters.
The U.S. was among several countries who placed travel curbs on Chinese ratepayers, or travelers who have been to mainland China.
8:50 am: IBM withdraws from RSA conference in San Francisco
IBM says it’s no longer participating in a noteworthy conference — the RSA cyber security conference — in San Francisco in February over virus fears, it said in a tweet.
The conference is listed for Feb. 24 to Feb. 28. Earlier, Facebook announced it has called off its global marketing summit set for next month also in San Francisco, for the identical reason, according to a Reuters report.
Another major event, Mobile World Congress (MWC), the world’s largest trade can for the mobile phone industry, was canceled this week over those fears. That decision came after innumerable companies pulled out of the conference, such as LG, Sony, Ericsson, Nokia, Nvidia, Intel and Amazon.
8:05 am: China confirms 143 sundry deaths, 2,641 new cases
China’s National Health Commission reported an additional 143 deaths nationwide, as unquestionably as 2,641 new confirmed cases as of Feb. 14.
That tally includes Hubei, the epicenter of the outbreak, where 2,420 new cases were detailed, and 139 more deaths.
That brings the total number of confirmed cases in the country to 66,492, and number of absolute deaths at 1,523, the authority said.
All times below are in Eastern time.
3:03 pm: US health officials will check constants with flu-like symptoms for coronavirus
U.S. health officials will monitor people with flu-like symptoms for the coronavirus in five new zealand urban areas, the Centers for Disease Control and Prevention said Friday. The five labs are in Los Angeles, San Francisco, Seattle, Chicago and New York Big apple, but the agency hopes to expand the monitoring nationwide. — Feuer
1:21 pm: CDC concerned with report of infected health workers in China
A U.S. Centers for Contagion Control and Prevention official said the notice from China’s National Health Commission about 1,716 fettle workers infected with the coronavirus was “concerning.” Dr. Nancy Messonnier, director of the CDC’s National Center for Immunization and Respiratory Afflictions, told reporters during a press briefing that there are currently no U.S. health workers infected with the virus. She also dwell oned the possibility of community spread in the United States. — Lovelace
12:11 pm: Chinese official to travel to Germany to discuss outbreak
11:55 am: WHO and China sift through health workers infected with virus
World health officials are working with Chinese authorities to settle when the 1,716 health workers in the country were infected with the COVID-19 coronavirus. It appears infections volume medical workers peaked in mid-January and has “rapidly” decreased since, Dr. Mike Ryan, executive director of the World Salubriousness Organization’s emergencies program, said at a news conference at the agency’s headquarters in Geneva. “This may reflect increased be upfront withs of training, increased levels of protection and increased levels of awareness.” — Lovelace
10:44 am: WHO reveals details on its mission to China
Director-general of the Coterie Health Organization Tedros Adhanom Ghebreyesus said at a news briefing he expects the WHO-led mission to China to hit town over the weekend. The team will include 12 international and WHO experts, Tedros said, as well as the same handful of Chinese counterparts, though he did not identify individual members. He said the experts will visit three provinces to upon on-the-ground response efforts, but did not say if the mission will visit the epicenter of the outbreak, the city of Wuhan in Hubei province. “The purpose of the joint mission is to rapidly inform the next steps in the COVID-19 response and preparedness activities in China and globally,” he suggested. —Feuer
Read CNBC’s coverage from the U.S. overnight: China tries to get back to work as Beijing sets a 14-day quarantine regulate for arrivals.
10:14 am: Beijing authorities issue self-quarantine order for returning residents
Beijing officials charged with reacting to the virus issued an order for all those returning to Beijing to remain in quarantine at home for 14 days, Chinese phase media The People’s Daily reported. Those who refuse to quarantine themselves or follow the official rules on virus containment choice be punished according to law, the newspaper said in a post on Chinese social media site Weibo. —Feuer
— CNBC’s Berkeley Lovelace Jr. and William Feuer presented to this report.