China Economic News

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Asia stock markets are down today except for shanghai market where China is the epicenter for the Wuhan virus.

When will they stop manipulating their numbers? Their gdp, trade data, numbers of people affected by the virus, number of deaths.....sigh... They never learn
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(10-02-2020, 03:50 PM)Behappyalways Wrote: Asia stock markets are down today except for shanghai market where China is the epicenter for the Wuhan virus.

When will they stop manipulating their numbers? Their gdp, trade data, numbers of people affected by the virus, number of deaths.....sigh... They never learn

chill lah bro, they are just learning from USA 

USA => monetize debt
China => "monetize" debt + equity  Dodgy
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USA is greed while China is lies.....  both kill though Big Grin Big Grin Big Grin
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2020.02.09【文茜世界周報】肺炎疫情升高 排華歧視心態不再隱藏
https://www.youtube.com/watch?v=JgjIOnjC...AU&index=1


Lawyer Chen Qiushi documenting coronavirus epicentre disappears
https://www.youtube.com/watch?v=Iwpr55PZEJ8
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Reported by cnn website>

The virus: 2,478 new coronavirus cases were identified in mainland China on Monday, bringing the total number of infections there to 42,638. Worldwide, 43,090 people were infected as of Tuesday morning.

The death toll and the cured: 108 people died from the virus in mainland China Monday, bringing the total death toll there to 1,016, China's National Health Commission said. Two people have died outside mainland China, in Hong Kong and the Philippines. Nearly 4,000 infected patients in mainland China have been cured and discharged from hospital, officials said.

Latest figures from China are : 1016 Dead and 42638 infected .
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Watch video from 2:20

好大的膽子!人民日報竟P圖要習近平去"武漢"...疫情"確診人數"遭疑有玄機?!|主播 苑曉琬|【知識小學堂】20200211|三立iNEWS
https://m.youtube.com/watch?v=qrQkz7XGulQ

This Is How China Is Rigging The Number Of Coronavirus Infections
https://www.zerohedge.com/health/how-chi...newsletter
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Need to be cautious when evaluating articles from both ZeroHedge and Apple Daily (cited in the ZH link).

ZH tends to present the news in a more conspiratorial lens, while Apple Daily tends to be quite tabloid and “pro-democracy”.

The daily increase in confirmed COVID-19 cases has been on the decline before the guideline change. And the confirmed cases also did not change significantly after the announcements, suggesting the actual impact (if any) on the official data to be minimal.

At the end of the day, it is understood that official data at the epicentre to be incomplete at best, and could only be used for reference on the directionally of the progression of the epidemic.
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger
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(12-02-2020, 05:55 PM)Wildreamz Wrote: Need to be cautious when evaluating articles from both ZeroHedge and Apple Daily (cited in the ZH link).

ZH tends to present the news in a more conspiratorial lens, while Apple Daily tends to be quite tabloid and “pro-democracy”.

The daily increase in confirmed COVID-19 cases has been on the decline before the guideline change. And the confirmed cases also did not change significantly after the announcements, suggesting the actual impact (if any) on the official data to be minimal.

At the end of the day, it is understood that official data at the epicentre to be incomplete at best, and could only be used for reference on the directionally of the progression of the epidemic.

Actually the official data is totally incomplete, just made for show. Whilst they slowly trickle in the report and deaths whilst boosting the recovered numbers.

Wuhan has 11m pop. right? so if as mentioned before prevalence is 5% and 500k have it (conservative number considering reports of this bad pneumonia already surfaced in November last year and by December people were already fearful and not going out.) lets say death rate is 1%, at least 5000 should have died already. 

At the moment the gov is pushing for people to return to work in less affected provinces in the manufacturing belt. So they have suppress the numbers to fit their narrative of all is well, go back to work, make stuff make money. In the mean time everyone is staying home in Beijing...

It is also ridiculous to be spraying chemicals on the streets. Its aerosol spread lah, need to spray the all the air lah, not the floor. 

Locally it seems the numbers are encouraging, only 2 new cases yesterday. Perhaps its harder to spread the virus in non-aircon spaces, we shall see.
Virtual currencies are worth virtually nothing.
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Posted by cnn website ( on 12 Feb 2020 ) :

The virus: The novel coronavirus has killed more than 1,100 people and infected over 45,000 people worldwide. The vast majority of cases are in mainland China.

Cruise ship crisis: A total of 175 cases have been confirmed on a cruise ship quarantined in Japan. More than 2,000 people are stranded on another cruise that was turned away from four ports, despite having no suspected cases.
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Posted on cnn website.

The Westerdam cruise ship, denied entry by at least four different authorities despite not having any confirmed coronavirus cases onboard, is now heading for Cambodia and will disembark its passengers Thursday, Holland America Line said in a Wednesday statement.

“Westerdam is now sailing for Sihanoukville, Cambodia, where the current cruise will end,” the statement reads. “We will arrive at 7:00 a.m. local time on Thursday, Feb. 13 and will remain in port for several days for disembarkation.”

“Guests will be able to go ashore. All approvals have been received and we are extremely grateful to the Cambodian authorities for their support.”

The company said that passengers will move from Sihanoukville to Phnom Penh on charter flights. Holland America said it would pay for all flights home, as well as the previously announced full cruise refund and “100% future cruise credit.”
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