China reports H5N1 bird flu outbreak in Hunan amid coronavirus spread

While China is alrey rocked with an unprecedented outbreak of coronavirus starting from Wuhan, nation has also reported an outbreak of a highly pathogenic strain of H5N1 bird flu in Hunan on February 1. Ministry of Agriculture and Rural Affairs reportedly said that case occurred in a chicken at a farm in Shaoyang city of sourn province of Hunan which reportedly h  7,850 chickens. However, more than 4,000 have alrey died with bird flu. 

According to international reports, followed by H5N1 outbreak, authorities have selectively slaughtered more than 17,000 poultry. Ar virus, H5N8 h spre across eastern Europe in recent weeks due to which authorities in India h also started culling chickens and destroying eggs to contain bird flu strain. 

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Bird flu virus can affect ecomy

In an alrey slow-down ecomy, bird flu virus can take a toll as it is alrey dealing with crisis of coronavirus. According to experts at United Nations, a bird flu outbreak in China in 2013 costed a loss of nearly $6.5 billion. Just recently, in order to provide stability to China's ecomy, nation's central bank said that it will inject $173 billion to help fight nationwide outbreak of Coronavirus. 

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As dely virus claims more than 300 lives with nearly 14,000 confirmed cases in China, People's Bank of China released a statement which said that it would launch 1.2 trillion yuan reverse purchase operation to maintain 'reasonable abundant liquidity' in banking system.   bank also anunced ar range of measures to ramp-up monetary as well as credit support to enterprises which are currently contributing to battle against 2019-nCoV including medical companies.  

According to international reports, China's ecomic growth last year was slowest in last three deces with only 6.1 per cent. Moreover, virus outbreak could furr slow down ecomy if it goes on for an extended period of time.  

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