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January 29, 2020 at 05:15 PM
The Chinese company that’s trying to acquire Genworth Financial Inc. has joined the fight against the new coronavirus.
(Related: Genworth’s would-be buyer helped build modern China)
The board of China Oceanwide Holdings Group Co. Ltd. announced Tuesday that the company will be giving 10 million yuan, or the equivalent of $1.4 million, to the Wuhan Charity Federation, to help the city prevent and control coronavirus-related pneumonia.
The Beijing-based company and its subsidiaries have also set up coronavirus prevention efforts to keep the company’s own employees healthy.
The severity of the coronavirus epidemic in Wuhan began to capture the world’s attention in mid-January.
Public health officials had reported a total of 6,072 lab-confirmed cases throughout the world, as of late Tuesday, and a total of 132 deaths, according to the European Centre for Disease Prevention and Control.
Officials believe the actual number of cases may be higher, because health care teams have had trouble coming up with the time and test kits to test all of the many patients with coronavirus symptoms.
