China Economic News

[BlueKelah]

People in China take no chances in protecting against coronavirus outbreak
https://m.youtube.com/watch?v=c6JDvrffOhk

hahaha this one really i clap for them...

[Behappyalways]

China’s Factories Were Struggling Even Before the Virus Worsened
https://www.bloomberg.com/news/articles/...emium-asia



The economy can take a back seat. If the lockdown lasts for four weeks, which is an optimistic assumption, the economic loss could be around 2 per cent of the gross domestic product. If the crisis lasts longer, the cost escalates proportionately.

How the coronavirus crisis is exposing the ills of the China model
https://www.scmp.com/comment/opinion/art...hina-model

[soros]

The latest figures reported from China are 212 dead and 9500 infected .

[BRT]

have been looking for a live map for the virus figures.
best i've seen so far:
https://gisanddata.maps.arcgis.com/apps/...7b48e9ecf6

thanks to johns hopkins.

[BlueKelah]

China’s Factories Were Struggling Even Before the Virus Worsened
https://www.bloomberg.com/news/articles/...emium-asia



The economy can take a back seat. If the lockdown lasts for four weeks, which is an optimistic assumption, the economic loss could be around 2 per cent of the gross domestic product. If the crisis lasts longer, the cost escalates proportionately.

How the coronavirus crisis is exposing the ills of the China model
https://www.scmp.com/comment/opinion/art...hina-model

The chance of next financial crisis is getting bigger each passing day. China's economy is based on infrastructure spending and credit creation with property market. A crash in these sectors is very probable now, same with Hongkong side as well. This is the black swan event i reckon that trigger the credit bubble to pop in china and perhaps the western world.

I dont think this virus can be contained as its transmission rate is very high and you dont need to have symptoms to spread it, so usual quarantine measures will fail to contain it. China has 1.35billion++ peoples, if 10% get it like the flu, then 135million will be sick, and 2% death rate means 27 million will be dead in a few months time, ouch not looking very good.

[BlueKelah]

have been looking for a live map for the virus figures.
best i've seen so far:
https://gisanddata.maps.arcgis.com/apps/...7b48e9ecf6

thanks to johns hopkins.

thanks very good map. Only thing is numbers from China are pretty much fudged despite their claims of transparency this time round. Hubei has 58.5million population, this is more jialat than flu, how can only 7000+ cases confirmed? this virus been transmitted around China and the world for a few weeks already before CNY. Hk researchers claim its more like 40k cases just in Wuhan but even that is conservative I reckon, given the high population density and pre CNY travel and shopping.

[Behappyalways]

(How did the medical staffs get infected if they are wearing protective medical wear???)

Meanwhile, a hospital in Xinyu, Jiangxi, has shut down after 14 of its staff were confirmed to be infected with the coronavirus, the deputy director of the Chinese Centre for Disease Control Cheng Huijian said on Saturday.
Forty staff at Number Four Hospital in the city had been isolated and its health commission director Jian Guisheng told Thepaper.cn that 15 of the 17 new confirmed cases involved hospital staff.


Coronavirus: Wuhan may be home to 75,815 infected people, report says
https://www.scmp.com/news/china/article/...i-province

[BRT]

imho, two points of "good" news -
1. it's largely contained in china
2. the recovery numbers is some indication of hope

on point one though, it may very well blow up. based on one anecdote i came across (which seems reasonable). https://youtu.be/5hFNOiCOLJ0
- huge shortage of medical supplies
- no space in hospitals
- a lot of less symptomatic ppl not getting attention (docs focus on more serious patients)

[soros]

The latest figures reported from China are 259 dead and 12,027 infected .

[soros]

The latest figures reported from China are 304 dead and 14,380 infected.