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 4.3 million
- Global deaths: More than 296,600
- Most cases reported: United States (over 1.38 million), Russia (over 242,200), United Kingdom (over 230,900), Spain (over 228,600), Italy (over 222,100)
The data above was compiled by Johns Hopkins University as of 8:30 a.m. Beijing time.
All times below are in Beijing time.
9:29 am: Global funds are investing more in China
In the midst of uncertainties around the pandemic, foreign fund managers are “reshuffling” their holdings and putting more money into China stocks.
“Allocations to China are something people are looking to increase,” Todd Willits, head of flow tracking firm EPFR, told CNBC.
As U.S. equities fell sharply in March, allocation to Chinese stocks among more than 800 funds reached almost a quarter of their near $2 trillion in assets under management — or up…