Shutting Down The Market
Since the economy is being so badly affected, the Chinese stock market is no different. In fact, Chinese authorities have decided to suspend trading on the Shanghai and Shenzhen stock exchanges. The financial markets will remain shuttered until February 3rd.
Increased Screenings
There is a fear of the virus spreading through the hundreds of millions of Chinese travelers through the holidays. Even though many have canceled their plans, and airlines have canceled flights, there have been measures taken to prevent the disease from spreading. Airports all around the world have started screening passengers from China. In fact, the U.S. government has increased staff to conduct screenings at 20 airports.