China Economic News

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Five more Chinese regions lower emergency response level as virus threat recedes
Wed, Feb 26, 2020 - 4:32 PM

[SHANGHAI] Five Chinese regions have downgraded their emergency response level after assessing that health risks from the coronavirus outbreak have receded, state media and government authorities reported......

The World Health Organization has said the epidemic in China peaked between Jan 23 and Feb 2 and has been in decline since......

https://www.businesstimes.com.sg/governm...at-recedes

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China's virus-hit airlines are showing signs of recovery
Wed, Feb 26, 2020 - 4:25 PM

[JAKARTA] China's airline industry could be showing the first signs of recovery after dramatically shrinking over the past month as the spreading coronavirus led to thousands of flight cancellations.

Scheduled airline capacity within China is up more than 25 per cent - by 1.3 million seats - week-on-week thanks to a rebound in domestic capacity, according to OAG Aviation Worldwide.....
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Chinese factories struggle to resume operations as fight against the coronavirus continues
https://www.youtube.com/watch?v=zWVWnaHEdRQ


旅遊景點逐步重開;廣州溫泉區冷清 酒店半價搶客 - 20200226 - 有線中國組 - 有線新聞 i-Cable News
https://www.youtube.com/watch?v=uO-ejhpJQSA


Coronavirus: small business sentiment sinks to all-time low as outbreak knocks China’s economy, survey shows
https://www.scmp.com/economy/china-econo...l-time-low


Girl tries to eat biscuit with face mask on in China
https://www.youtube.com/watch?v=8AeUbQdWAZk
You can find more of my postings in http://investideas.net/forum/
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Coronavirus: Vietnam lured factories during trade war, but now faces big hit as parts from China stop flowing
Published: 1:02pm, 28 Feb, 2020
https://www.scmp.com/economy/china-econo...de-war-now

Coronavirus: Southeast Asian supply chains feel the squeeze from Covid-19
-Construction in Singapore, garlic in Indonesia and lobsters in Australia: all have been hit by the supply chain havoc caused by the coronavirus
-Singapore learned the need to diversify years ago, but do others really have any other option than relying on China?
Published: 12:30pm, 29 Feb, 2020

https://www.scmp.com/week-asia/economics...e-covid-19
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China factory activity shrank at its fastest rate on record in February
https://www.cnbc.com/2020/02/29/china-pm...ruary.html


因疫情被困家鄉 農民工被解僱;人社部:鼓勵留鄉務農 - 20200228 - 有線中國組
https://www.youtube.com/watch?v=h1UBQA32FiM


一家16人自駕遊避過武漢封城;漂泊33日 何去何從? - 20200228 - 有線中國組-有線新聞 i-Cable News
https://www.youtube.com/watch?v=m4up8AFd4eM


The situation in China is even worse than you think, says this analyst with a history of accurate calls
https://www.marketwatch.com/story/the-si...yptr=yahoo
You can find more of my postings in http://investideas.net/forum/
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The total number infected in mainland China is 79,824 and 2,870 dead.

The total number infected outside China is 6,676 and 106 deaths

( posted on cnn website).
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In Post #975, I reported 106 deaths outside China ( 106 figure quoted from cnn report ) may be wrong as My Mobile Phone is showing BBC report for 210 deaths in Iran.
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(18-02-2020, 08:12 AM)specuvestor Wrote: To give some numbers:

Outside of mainland China (if one don’t trust China’s numbers) there are 890 confirmed cases with 5 deaths, 0.56% fatality; 123 recoveries so far
Global excluding just Hubei there are 13262 confirmed cases with 79 deaths, 0.6% fatality; 4699 recoveries so far

If we base on generally accepted 10% fatality for those in critical, China will record 2000th death by end of the month, while recoveries will exceed 20k. With ref to my 7th Feb post, the number of new confirmed and suspected adds according to China’s numbers peaked around Feb 5, excluding the one day spike on 12 Feb that included clinical diagnosis. I would double up on BlueKelah’s virtual bet that SG numbers peaked last week. But with the possible irresponsible DBS cluster, SG number of cases likely peak this week if not last week. Symptoms generally develop within 7 days.

The denominator is likely to be much larger based on precedents, so the % will be much smaller; rather than presume the other way round that as denominator gets larger the numerator increases proportionately. AIA and POSB / Chubb is offering insurance on COVID-19 so the actuaries are getting comfortable with the numbers

Following up with the posts: https://www.valuebuddies.com/thread-5531...#pid156198

It is probably more obvious now that social media is scarier than the flu itself. And the straw that broke a Camel’s back, though a straw, will have immense second order impact

It is probably also obvious now that Singapore cases peaked around 14 Feb. The draconian measures of Japan and Korea will probably see their cases peak by end of March. This will be a test for civil rights focused western world to see how they measure up in a pandemic. If panic takes hold, they will loot as personal interest is more important than community. As of now I’m not sure when they will peak which also means the second order impact cannot be ascertained

Outside of Hubei, China has 13065 cases with 112 deaths, mortality of 0.86%. Total cases in China now is 79972 with 2873 deaths and with 7365 critical we can expect another 700 deaths by end of this month. There are 42162 recoveries

Outside of China there is total 5101 cases of 78 deaths, mortality is 1.5% which anecdotally I think Iran has reported way below infected numbers. Otherwise the numbers seems quite consistent with 10% of "confirmed" infection can turn serious and 10% of that could result in death. For those that believe the Chinese numbers, you can also see the breakdown here: https://www.worldometers.info/coronaviru...ographics/

The same site estimates 81600 deaths from seasonal flu this year so far
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

Think Asset-Business-Structure (ABS)
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China’s Push to Jump-Start Economy Revives Fake Data Worries
https://www.bloomberg.com/news/articles/...-fake-data



Bitter harvest for China’s farmers as coronavirus keeps country in lockdown
https://www.scmp.com/news/china/society/...y-lockdown


Chinese port volumes stabilising
https://splash247.com/chinese-port-volumes-stabilising/


2020.02.29【文茜世界周報】武漢封城逾一個月 防疫形勢依然嚴峻
https://www.youtube.com/watch?v=ydjG5r_6...ex=13&t=0s


2020.03.01【文茜世界周報】2月PMI重挫35.7 大陸防疫與經濟兩手抓
https://www.youtube.com/watch?v=hCGv96Ci...dex=6&t=0s
You can find more of my postings in http://investideas.net/forum/
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從除夕到元宵 窺探疫情下的河南農村;村民佛系抗疫:該死不能活,想死輪不著 - 20200303 - 有線中國組
https://m.youtube.com/watch?v=aMmHathIa9M


3月4日,实拍复工后的广州中大轻纺城犹如空城,老板们亏掺了不知道还要撑多久?
https://m.youtube.com/watch?v=9_8jCubOOh8


3月5日,实拍广州街边的复工情况,没想到是这样的情景!大开眼界
https://m.youtube.com/watch?v=FR4tOnwB568
You can find more of my postings in http://investideas.net/forum/
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Latest figures from China : 80,552 cases infected and 3,042 dead. and 55,190 recovered.

Above was posted by scmp website : info source from China's NHC.
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