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Wuhan emerges from lockdown, but normalcy slow to return

The city of Wuhan lifted its coronavirus lockdown this week, after enduring one of the world's most extreme coronavirus quarantines. Yahoo! Finance's Akiko Fujita joins The Final Round to discuss.

Video Transcript

MYLES UDLAND: Speaking of places in the world that have seen the coronavirus come hit their population hard and started to move on. We have seen, as of today, I guess it was last night US time, the Chinese government removing the lockdown on Wujan. That, of course, in the Hubei Province in China where it was really the hardest hit region in the world before we saw the outbreaks in Italy and here in the United States. Akiko Fujita joins us for a little bit more on that.

Akiko, I think, you know, reading kind of the stories around what's happening, or what's been happening in Wujan and what's likely to happen now, there's still a tremendous amount of trepidation among the population there on really feeling normal at all. And I think, in many ways, probably a harbinger of what's to come here in the US.

AKIKO FUJITA: Yeah, no question about that. I mean, let's talk about how long this lockdown has been. 76 days. That is how long that lockdown was in effect in Wuhan. And we're now seeing residents finally emerging. But you know, from all accounts on the ground, there certainly doesn't seem like a whole lot has changed in terms of how they're going about their daily lives. Yes, they can leave Wuhan now. But people are still wearing masks. Social distancing still being enforced as well. And schools are still not in session.

So we're still far from where we were pre-coronavirus. Now a few things to note here as we watch things start to slowly come back to normal over in China. There's been a lot of concern about the second wave of the virus that's been coming. And you look at the numbers in China. 885 cases as of Tuesday. So the eight day period leading up to Tuesday of this week, more than 60% of that were asymptomatic cases. So patients who didn't show any symptoms. And that's the big concern right now across Asia.

It's not just about China. But that that second wave potentially could be spread from those who are not showing the symptoms. Now with China, we should point out, they only started reporting these cases, the asymptomatic cases, last few weeks. So we're still looking at a very small sample here. But tracking what's been developing in other parts of Asia, Japan, of course, is a big concern right now. Prime Minister Shinzo Abe there just declared a state of emergency yesterday or earlier this week.

And they've now got 503 new cases overnight. That is the biggest jump the country has seen. And yet you're still seeing these subways very crowded over in Tokyo. You look at a place like Singapore, 142 new cases. And they have really, really started to crack down here in that second wave telling people they can't come over to each other's homes. They started publishing where these cases are popping up, what nationality these people are. So I think looking at Asia, that's kind of reason for caution here in the US as much as what Dr. Fauci today said.

Seemed to bring some hope that things can st-- people can start to go out, potentially, in the next few weeks. You're seeing in Asia what could happen if you act too soon. That second wave could come.

MYLES UDLAND: Yeah. And Akiko, I think we could probably do a full hour on why it just so happened that case counts in Japan started to skyrocket once the Olympics were canceled. But we'll save that conversation--

AKIKO FUJITA: Well, once they started testing. And that's-- that's a whole other theory, right? Maybe they didn't test because they were worried about the Olympics. But you know, that's a whole other case. But certainly cases rising again in troubling ways throughout Asia.

MYLES UDLAND: Yeah. A sign that there's no re-opening of anything, that just, you know, one day it's all over and we move on. All right, Akiko, thanks for that.

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