As stocks tumble and US President Donald Trump tries to diminish the seriousness of the virus, Crikey takes a look at what's going on around the world.
Is this a pandemic?
The threat of coronavirus becoming a pandemic is now “very real", representatives from the World Health Organisation (WHO) have warned. But they've avoided categorising it as one just yet, due to uncertainty about the disease's impact.
CNN has decided to call the coronavirus a pandemic anyway, with hosts saying the virus has a "range and rate which clearly meets the definition".