Chinese businessman to donate 500,000 test kits and 1 million masks to the U.S.

Asia's richest man announced his intention on Friday to ship 500,000 testing kits and 1 million masks to the U.S. in an effort to combat the coronavirus pandemic.

Jack Ma's charitable foundation and his China-based company's foundation, the Alibaba Foundation, have also sourced and donated supplies to other countries being hit by the virus, including Japan, Korea, Italy, Iran and Spain.

The donation comes amid testing delays across the U.S. as state officials scramble amid a shortage of lab materials - sparking concerns that health officials are undercounting the number of Americans with the virus.