More China Cities Slaughter Poultry as H7N9 Bird Flu Cases Rise
By Bloomberg News - 2013-04-06T16:01:00Z
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The outbreak, first reported last month, caused soybean futures and Chinese stocks traded in Hong Kong and New York to fall on April 5 on concern the virus may spark an epidemic and hurt the nation?s economic recovery. The new cases confirmed in Shanghai yesterday take the total number of human infections to 18, all in eastern China.
?The current situation seems to be much more serious than previous cases of bird flu, although still no comparison to the SARS in spring 2003,? Lu Ting, head of Greater China economics at Bank of America Corp. in Hong Kong, said in an April 5 report. The outbreak could have a ?sizeable? impact on the economy ?so investors are justified to be cautious,? he said...
