China's city lockdown to control coronavirus spread is 'most extraordinary': Health expert

One critical issue in the China coronavirus outbreak is whether the human-to-human transmission will be sustained, says Anthony Fauci from the National Institute of Allergy and Infectious Diseases.

Procter & Gamble said Thursday that it is monitoring the spread of the Wuhan coronavirus as the World Health Organization weighs whether to call the virus a global health emergency.

The global consumer giant, which owns brands such as Vicks and Pampers, counts China as one of its two largest markets, along with the United States. Halfway through fiscal 2020, P&G said that it has seen growth of 13% in the Asian country.

The virus was first diagnosed less than a month ago and has already killed at least 17 people in China. Roughly 650 cases of the virus have been reported in China, and several other countries have confirmed cases. U.S. health authorities have quarantined one Washington state man with the virus. Symptoms range from a mild cough to fever to pneumonia.

Seven Chinese cities near Wuhan are under lockdown in an effort to stop the spread of the virus. Lunar New Year’s events in Beijing, China, have reportedly been canceled.

“I have no idea what the investments are going to be relative to the new virus,” Chief Financial and Operating Officer Jon Moeller told analysts.

Moeller said the company will monitor the virus as it relates to the health of its employees and the broader community. He also said that the virus could have broad impacts beyond its business in China.

“It can also affect consumer confidence and large parts of the market. It can affect travel, which does affect our business, and so it’s one of the many pieces of volatility that’s just important as we think about the prospects for the future,” Moeller said.

P&G products like its pricey SK-II skincare line are often sold in airports and are popular with international tourists.

The company reported its fiscal second-quarter earnings on Thursday. P&G beat Wall Street’s earnings estimates but fell short on revenue. It also raised its full-year outlook. Shares were trading down less than 1% in morning trading.



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[jk]

look back, they did right. by average they locked down for about 2 months. and everything is back to normal very soon. but here, we are still having thousands cases very single day. 😰

[peianghe]

LOL 9 months later, lockdown Wuhan seems like a good move to me

[薛宇雷-uh]

When we looked back, Chinese government is very brave to do the lockdown.

[krasavam]

Oh poor man Fauci he is too not sure how? what? when? and where?, wait I thought he is a best of the immunologist/epidemiologist bla bla bla
"Dr Fauci oversees an extensive research portfolio of basic and applied research to prevent, diagnose, and treat established infectious diseases such as HIV/AIDS, respiratory infections, diarrheal diseases, tuberculosis and malaria as well as emerging diseases such as Ebola and Zika. NIAID also supports research on transplantation and immune-related illnesses, including autoimmune disorders, asthma and allergies. The NIAID budget for fiscal year 2020 is an estimated $5.9 billion.
Dr. Fauci has advised six Presidents on HIV/AIDS and many other domestic and global health issues. He was one of the principal architects of the President’s Emergency Plan for AIDS Relief (PEPFAR), a program that has saved millions of lives throughout the developing world" . 
Now check this out Dr Fauchi February 14, 2017 Pandemic Preparedness in the Next Administration: Keynote Address by Anthony S. Fauci

[Peter-qcve]

I imagine the folks at Corona beer are pretty pissed at whoever named this virus.

[jbboz]

STOP YOUR PROUDISM... PARTIALLY YOUR FAULT !!

[astargen]

This guy was dreaming all the time. It is time to tell you that the quarantine method in China is working and is successful. They are willing to sacrifice their financial growth to save people.

[JAKOB]

Why is my government not doing the same? Texas, washington, LA!!!!?! NO NEWS ON HOW FAST IT'S SPREADING ON US NEWS!!!!

[dieselkj]

Lmao & now he supports the lockdowns.