July 31, 2013

China: Poultry-related firms hit by virus

The latest case of H7N9 confirmed on July 20 in Beijing is expected to delay further the financial recovery of poultry-related companies. The 61-year-old female patient from Langfang, Hebei province, is still in a critical condition after being infected with the virus, which was the only diagnosed case in China in July. In April, the government closed many markets in some areas, including Zhejiang and Jiangsu provinces, to prevent the spread of the disease. They began to reopen from the end of June.
The total losses of poultry-related companies all over the country up until the end of June exceeded 600 billion yuan ($92.2 billion) since the first case of H7N9 virus was discovered by the authorities at the end of March, according to the latest statistics from the National Poultry Industry Association. Read More

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