Chindia Alert: You’ll be Living in their World Very Soon
aims to alert you to the threats and opportunities that China and India present. China and India require serious attention; case of ‘hidden dragon and crouching tiger’.
Without this attention, governments, businesses and, indeed, individuals may find themselves at a great disadvantage sooner rather than later.
The POSTs (front webpages) are mainly 'cuttings' from reliable sources, updated continuously.
The PAGEs (see Tabs, above) attempt to make the information more meaningful by putting some structure to the information we have researched and assembled since 2006.
BEIJING, March 28 (Xinhua) — Clean energy is becoming the mainstream of global energy supply and interconnection is the mainstream of energy allocation, according to the Global Energy Interconnection Development and Cooperation Organization (GEIDCO).
Over the years, China is active in clean energy development and power grid interconnection with neighboring countries, and has achieved significant breakthroughs in UHV grids, smart grids, and clean energy, GEIDCO spokesperson told a press conference via live stream on Friday.
GEIDCO remains committed to promoting the energy interconnection to meet global power demand with clean and green alternatives, making idea dissemination, planning and research, international cooperation and project promotion the focus of its work, said the spokesperson.
The 2020 Global Energy Interconnection & China-Asia Energy and Power Conference is expected to be held in Beijing in November to discuss and strengthen cooperation on sustainable development in the energy industry.
Founded in March 2016, GEIDCO so far had 860 members from 115 countries, covering fields including energy, electricity, information, finance, consultation, science and technology, and environmental protection.
The global energy interconnection is a platform that connects grids around the world to facilitate development, deployment and utilization of clean energy, with ultra-high voltage transmission as the backbone.
Giuseppe Remuzzi’s comments were seized on by Chinese state media amid the acrimonious row with the US, but he says the key question is how far Covid-19 had spread before it was identified
Academic says ‘strange pneumonias’ in Italy last November suggest it may have reached Europe before anyone knew what the disease was
Giuseppe Remuzzi told NPR there had been ‘strange pneumonias’ in Italy in November and December. Photo: Handout
The coronavirus that causes Covid-19 may have spread beyond China before the health authorities had even discovered the disease, according to the Italian professor who recently said there had been “very strange pneumonias” in Europe as early as November last year.
Remuzzi’s comments attracted much attention in China, where the authorities have been working hard to steer the international narrative about the pandemic, and stop people describing it as the “China virus” or “Wuhan virus” after the city where the disease was first identified.
In an interview with the Chinese science and technology news outlet DeepTech, which was published on Tuesday, Remuzzi said the key point in his NPR interview was not where the virus came from, but how far it had spread before it was discovered.
Coronavirus: Italy has a brief glimpse of hope as new cases drop to a five-day low
24 Mar 2020
He said a major question was how long the disease, which has so far infected more than 378,000 and killed over 16,500 people worldwide, had been spreading in China before health authorities realised its severity.
Taking into account the long incubation period, Remuzzi said he would not be surprised if some asymptomatic carriers had travelled around China or even abroad before December.
The professor also said that while it was possible it originated outside Wuhan, there had so far been no proof to support the theory.
As the outbreak gathered pace in the US, where it has now killed more than 500 people, Washington has escalated its rhetoric. President Donald Trump had repeatedly referred to it publicly as the “Chinese virus” until he changed tone on Monday and declined to use the phrase.
China, meanwhile, has described the rhetoric adopted by “certain US politicians and senior officials” as an attempt to defame and stigmatise China over the pandemic.
A number of Chinese state media outlets, including party mouthpiece People’s Daily and its tabloid affiliate Global Times, seized on Remuzzi’s comments about “strange pneumonias” to counter the “Chinese virus rhetoric”.
Coronavirus: why are so many more people dying in Italy than Germany?
23 Mar 2020
In the NPR interview, Remuzzi tried to explain why Italy had been caught off guard when the outbreak started gathering pace in February.
He discussed the difficulty of combating a disease that people did not know existed, and said the unusual cases in November and December could mean that virus was already circulating in Lombardy, the country’s worst-hit region, before people were aware of what was unfolding in Wuhan.
Remuzzi also shared details of the early suspected cases in Lombardy with DeepTech and Chinese state-run international network CGTN.
Remuzzi said he had learned about the cases from a few general practitioners and he has not yet been able to verify the information.
But he said there are some other suspicious cases he “knows for sure”, including two pneumonia cases in Scanzorosciate in northern Italy in December, where the patients developed high fever, a cough and had difficulty in breathing.
He said there had also been 10 patients who developed bilateral interstitial pneumonia in two other nearby towns, Fara Gera D’Adda and Crema, who had similar symptoms.
Coronavirus: confusion as Chinese face masks bound for Italy end up in Czech Republic
23 Mar 2020
Remuzzi said local doctors considered these cases to be “unusual” but ruled out the possibility of seasonal influenza, as all these patients had been vaccinated.
“The reason we don’t know if it was Covid-19 is because at that time this could not be tested; the patients didn’t have X-rays,” he told CGTN.
They recovered within 15 days, with some receiving two or three courses of antibiotics.
Remuzzi added there had also been a patient diagnosed with bilateral interstitial pneumonia in Alzano Lombardo Hospital in Lombardy around the time.
Virus may have jumped from animal to humans long before the first detection in Wuhan, according to research by an international team of scientists
Findings significantly reduce the possibility of the virus having a laboratory origin, director of the US National Institute of Health says
An international team of scientists say the coronavirus may have jumped from animal to humans long before the first detection in China. Photo: AP
The coronavirus that causes Covid-19 might have been quietly spreading among humans for years or even decades before the sudden outbreak that sparked a global health crisis, according to an investigation by some of the world’s top virus hunters.
Researchers from the United States, Britain and Australia looked at piles of data released by scientists around the world for clues about the virus’ evolutionary past, and found it might have made the jump from animal to humans long before the first detection in the central China city of Wuhan.
Though there could be other possibilities, the scientists said the coronavirus carried a unique mutation that was not found in suspected animal hosts, but was likely to occur during repeated, small-cluster infections in humans.
The study, conducted by Kristian Andersen from the Scripps Research Institute in California, Andrew Rambaut from the University of Edinburgh in Scotland, Ian Lipkin from Columbia University in New York, Edward Holmes from the University of Sydney, and Robert Garry from Tulane University in New Orleans, was published in the scientific journal Nature Medicine on March 17.
Dr Francis Collins, director of the US National Institute of Health, who was not involved in the research, said the study suggested a possible scenario in which the coronavirus crossed from animals into humans before it became capable of causing disease in people.
“Then, as a result of gradual evolutionary changes over years or perhaps decades, the virus eventually gained the ability to spread from human to human and cause serious, often life-threatening disease,” he said in an article published on the institute’s website on Thursday.
In December, doctors in Wuhan began noticing a surge in the number of people suffering from a mysterious pneumonia. Tests for flu and other pathogens returned negative. An unknown strain was isolated, and a team from the Wuhan Institute of Virology led by Shi Zhengli traced its origin to a bat virus found in a mountain cave close to the China-Myanmar border.
The two viruses shared more than 96 per cent of their genes, but the bat virus could not infect humans. It lacked a spike protein to bind with receptors in human cells.
Coronaviruses with a similar spike protein were later discovered in Malayan pangolins
by separate teams from Guangzhou and Hong Kong, which led some researchers to believe that a recombination of genomes had occurred between the bat and pangolin viruses.
Doctors in Wuhan began noticing a surge in the number of people suffering from a mysterious pneumonia in December. Photo: Handout
But the new strain, or SARS-Cov-2, had a mutation in its genes known as a polybasic cleavage site that was unseen in any coronaviruses found in bats or pangolins, according to Andersen and his colleagues.
This mutation, according to separate studies by researchers from China, France and the US, could produce a unique structure in the virus’ spike protein to interact with furin, a widely distributed enzyme in the human body. That could then trigger a fusion of the viral envelope and human cell membrane when they came into contact with one another.
Some human viruses including HIV and Ebola have the same furin-like cleavage site, which makes them contagious.
It is possible that the mutation happened naturally to the virus on animal hosts. Sars (severe acute respiratory syndrome) and Mers (Middle East respiratory syndrome), for instance, were believed to have been direct descendants of species found in masked civets and camels, which had a 99 per cent genetic similarity.
There was, however, no such direct evidence for the novel coronavirus, according to the international team. The gap between human and animal types was too large, they said, so they proposed another alternative.
“It is possible that a progenitor of SARS-CoV-2 jumped into humans, acquiring the genomic features described above through adaptation during undetected human-to-human transmission,” they said in the paper.
“Once acquired, these adaptations would enable the pandemic to take off and produce a sufficiently large cluster of cases to trigger the surveillance system that detected it.”
They said also that the most powerful computer models based on current knowledge about the coronavirus could not generate such a strange but highly efficient spike protein structure to bind with host cells.
The study had significantly reduced, if not ruled out, the possibility of a laboratory origin, Collins said.
“In fact, any bioengineer trying to design a coronavirus that threatened human health probably would never have chosen this particular conformation for a spike protein,” he said.
The findings by Western scientists echoed the mainstream opinion among Chinese researchers.
Zhong Nanshan, who advises Beijing on outbreak containment policies, had said on numerous occasions that there was growing scientific evidence to suggest the origin of the virus might not have been in China.
“The occurrence of Covid-19 in Wuhan does not mean it originated in Wuhan,” he said last week.
A doctor working in a public hospital treating Covid-19 patients in Beijing said numerous cases of mysterious pneumonia outbreaks had been reported by health professionals in several countries last year.
Re-examining the records and samples of these patients could reveal more clues about the history of this worsening pandemic, said the doctor, who asked not to be named due to the political sensitivity of the issue.
“There will be a day when the whole thing comes to light.”
WUHAN, China (Reuters) – The growing number of imported coronavirus cases in China risked fanning a second wave of infections at a time when “domestic transmission has basically been stopped”, a spokesman for the National Health Commission said on Sunday.
“China already has an accumulated total of 693 cases entering from overseas, which means the possibility of a new round of infections remains relatively big,” Mi Feng, the spokesman, said.
In the last seven days, China has reported 313 imported cases of coronavirus but only 6 confirmed cases of domestic transmission, the commission’s data showed.
There were 45 new coronavirus cases reported in the mainland for Saturday, down from 54 on the previous day, with all but one involving travelers from overseas.
RELATED COVERAGE
China says imported virus cases raise risk of new infection wave
Most of those imported cases have involved Chinese returning home from abroad.
Airlines have been ordered to sharply cut international flights from Sunday. And restrictions on foreigners entering the country went into effect on Saturday.
Five more people died on Saturday, all of them in Wuhan, the industrial central city where the epidemic began in December. But Wuhan, the capital of Hubei province, has reported only one new case on the last 10 days.
A total of 3,300 people have now died in mainland China, with a reported 81,439 infections.
Saturday marked the fourth consecutive day that Hubei province recorded no new confirmed cases. The sole case of domestically transmitted coronavirus was recorded in Henan province, bordering Hubei.
With traffic restrictions in the province lifted, Wuhan is also gradually reopening borders and restarting some local transportation services.
“It’s much better now, there was so much panic back then. There weren’t any people on the street. Nothing. How scary the epidemic situation was,” a man, who gave his surname as Hu, told Reuters as he ventured out to buy groceries in Wuhan.
“Now, it is under control. Now, it’s great, right?”
All airports in Hubei resumed some domestic flights on Sunday, with the exception of Wuhan’s Tianhe airport, which will open to domestic flights on April 8. Flights from Hubei to Beijing remain suspended.
A train arrived in Wuhan on Saturday for the first time since the city was placed in lockdown two months ago. Greeting the train, Hubei Communist Party Secretary Ying Yong described Wuhan as “a city full of hope” and said the heroism and hard work of its people had “basically cut off transmission” of the virus.
More than 60,000 people entered Wuhan on Saturday after rail services were officially restarted, with more than 260 trains arriving or travelling through, the People’s Daily reported on Sunday.
On Sunday, streets and metro trains were still largely empty amid a cold rainy day. Flashing signs on the Wuhan Metro, which resumed operations on Saturday, said its cars would keep passenger capacity at less than 30%.
The Hubei government on Sunday said on its official WeChat account that a number of malls in Wuhan, as well as the Chu River and Han Street shopping belt, will be allowed to resume operations on March 30.
Concerns have been raised that a large number of undiagnosed asymptomatic patients could return to circulation once transport restrictions are eased.
China’s top medical adviser, Zhong Nanshan, played down that risk in comments to state broadcaster CCTV on Sunday. Zhong said asymptomatic patients were usually found by tracing the contacts of confirmed cases, which had so far shown no sign of rebounding.
With the world’s second-biggest economy expected to shrink for the first time in four decades this quarter, China is set to unleash hundreds of billions of dollars in stimulus.
The ruling Communist Party’s Politburo called on Friday for a bigger budget deficit, the issuance of more local and national bonds, and steps to guide interest rates lower, delay loan repayments, reduce supply-chain bottlenecks and boost consumption.
SHANGHAI (Reuters) – China’s authorities plan stronger steps to revive an economy hit by the spread of coronavirus, as the nation on Saturday reported no new locally transmitted infections for the previous day.
The ruling Communist Party’s Politburo said on Friday it would step up macroeconomic policy adjustments and pursue more proactive fiscal policy, state media reported. With the world’s second-biggest economy expected to shrink for the first time in four decades this quarter, China is set to unleash hundreds of billions of dollars in stimulus.
The Politburo called for expanding the budget deficit, issuing more local and national bonds, guiding interest rates lower, delaying loan repayments, reducing supply-chain bottlenecks and boosting consumption.
“We expect government ministries to roll out more tangible measures in the coming weeks as this Politburo meeting gave them no choice but to do more,” Goldman Sachs analysts said in a note.
The Politburo did not elaborate on plans for the central government to issue special treasury bonds, which would be the first such issuance since 2007.
Restrictions on foreigners entering the country went into effect on Saturday, as China reported no new locally transmitted infections and a small drop in so-called imported cases.
Airlines have been ordered to sharply cut international flights from Sunday.
Beijing has in recent days emphasised the risk posed by imported virus cases after widespread lockdowns within China helped to sharply reduce domestic transmissions. The Politburo said it would shift its focus to prevent more imported cases and a rebound in locally transmitted infections.
“We must be extremely vigilant and cautious, and we must prevent the post-epidemic relaxation from coming too soon, leading to the loss of all our achievements,” the Communist Party’s official People’s Daily newspaper said in a front-page editorial.
The authorities also reversed planned reopenings of movie theatres, the state-owned China Securities Journal reported, citing sources.
DEATH TOLL AT 3,295
China’s National Health Commission said on Saturday that 54 new coronavirus cases were reported on the mainland on Friday, all imported cases. There were 55 new cases a day earlier, one of which was transmitted locally.
The number of infections for mainland China stands at 81,394, with the death toll rising by three to 3,295, the commission said.
Hubei province reported no new cases, and three new deaths. The province of 60 million, where the virus was first detected, has recorded 67,801 coronavirus cases and 3,177 deaths.
Shanghai reported the highest number of new cases, with 17. An additional 11 cases were reported in Guangdong, six in Fujian, five in Tianjin, four in Zhejiang, three each in Beijing and Liaoning, two each in Inner Mongolia and Jilin, and one in Shandong.
Chinese President Xi Jinping told U.S. President Donald Trump on Friday that China would support U.S. efforts to fight the coronavirus.
The number of confirmed cases of coronavirus in the United States rose by at least 16,000 on Friday to nearly 102,000, the most of any country.
George Gao, the director-general of the Chinese Center for Disease Control and Prevention, urged people to wear masks to control the virus’s spread overseas.
Gao told the journal Science in an interview published late on Friday that the “big mistake in the United States and Europe has been the failure to wear masks, which “can prevent droplets that carry the virus from escaping and infecting others.”
Mainland China’s coronavirus outbreak exposed a huge digital divide, with some students from poorer regions lacking resources for online learning
Access to the internet is not considered a daily necessity at China’s policy level, unlike in European countries such as Norway and Iceland
Chinese children attend a computer class in Beijing to learn how to properly use the internet. Those in poorer parts of the country lack sufficient access to the internet, as the switch to online teaching during the coronavirus outbreak in China showed. Photo: AFP
The coronavirus outbreak in mainland China highlighted the huge digital divide that exists between richer and poorer regions.
When schools shut and online learning was made compulsory, many students living in remote areas found they didn’t have sufficient internet access.
There were 1.6 billion mobile phone subscribers in China in 2019, with many people having more than one subscription, and optical fibre and 4G covered 98 per cent of the population, according to official data.
These figures fail to show the large regional disparity between the country’s rich and poor provinces, says Jack Chan Wing-kit, associate professor of the school of government at Sun Yat-sen University in Guangzhou province.
“In poor areas, a family [often] has to share one mobile phone among all members,” says Chan, who has done extensive research on China’s social problems.
It is easier for service providers to offer blanket coverage in densely populated cities where most people live in high-rise buildings, Chan explains.
“In rural areas, people live in bungalows that are widely spread out. It is not economically efficient for phone service providers like China Mobile to install transmission stations there, which explain their spotty coverage,” he says.
While the universal social security net in China covers people including the old and disabled, access to the internet is not considered a daily necessity at the policy level. That’s unlike European countries such as Norway and Iceland, who see the internet as a basic human right and ensure their entire populations have proper access to it.
Though some wealthier coastal cities within the Pearl River Delta recently conducted local surveys to identify less-well-off households and handed out tablet computers, inland provinces in central and western China cannot afford these measures, Chan says.
The Chinese government does not encourage [the setting up of] charities – Erwin Huang, founder of WebOrganic and EdFuture
Philanthropic efforts could help address this problem, as shown by Hong Kong’s experience in tackling the digital divide.
About 900,000 kindergarten, primary and secondary students in the city have been affected by school suspensions that are likely to last until at least April 20.
While families of disadvantaged students have received support from the government through Comprehensive Social Security Assistance and other welfare schemes, many children still lack digital resources as their parents don’t see it as a priority, says Erwin Huang, founder of both WebOrganic, a charity promoting computer access to such youngsters, and education alliance EdFuture.
That has left it up to charities to make sure all students have enough resources at home for online learning, Huang says. For instance, this month EdFuture worked with local mobile service provider SmarTone to give out free phone data SIM cards lasting two months to 10,000 students.
“It’s for those who live in subdivided flats and those who have to go to McDonald’s for Wi-fi access,” says Huang, who is also associate professor of engineering at the Hong Kong University of Science and Technology.
Many students in China’s poorer regions have been left at a disadvantage by the shift to online learning. Photo: Getty Images
The Hong Kong Jockey Club also recently launched a HK$42 million (US$5.4 million) scheme to provide free mobile internet data to 100,000 underprivileged primary- and secondary-school students to help with online learning while schools are closed.
Huang says while such charities help fill gaps in the provision of digital resources in Hong Kong, a similar philanthropic culture is lacking in China.
“The Chinese government does not encourage [the setting up of] charities,” he says.
Huang initiated several digital resources projects in China after the Sichuan earthquake in 2008, but says frequent media reports of scandals involving charities such as China’s Red Cross have made it harder forNGOs to operate in the country, with the government preferring to provide social services through its own departments.
Image copyright HAN ZHUImage caption Choosing an electric car was an easy decision for Shenzhen resident Han Zhu
Han Zhu is on a mission to go green. The 29-year-old data analyst wants her next car to be electric. But her reasons for buying an electric vehicle are in part practical.
In the southern Chinese city of Shenzhen, government restrictions on the number of petrol cars sold each year mean she would have to enter a lottery or auction to be able to buy a petrol vehicle.
“There is a possibility you may never get it. With the electric vehicle green licence, you don’t have to wait in line,” she says.
Shenzhen has become the showpiece capital for the Chinese electric dream. In 2017 it became the first city in the world to introduce a fleet of electric buses. A year later, the government rolled out a plan to replace city taxis with electric cars.
“In Shenzhen, in almost every residential building there are two charging units. One out of 10 cars on the street are Teslas,” she says. “In China if the policy leads in one direction, technology and money goes in that direction too,” she says.
Image copyright GETTY IMAGESImage caption China has the world’s biggest market for electric vehicles
In less than a decade China’s new electric vehicle market has become the largest in the world. In 2018 more than a million electric vehicles were sold in China, more than three times the number sold in the US.
Beijing invested an estimated $50bn (£43bn) in the industry, hoping that today’s dominance of the electric vehicle market would lead to global automobile supremacy tomorrow.
And thus far the policy has been working. Over the last three years the number of Chinese electric vehicle manufacturers has tripled, with more than 400 registered nationwide.
But that breakneck expansion alarmed the government. Last year it decided to put the brakes on by withdrawing approximately half of its financial incentives for buyers.
A slump in sales quickly followed, in the last quarter of 2019 sales for electric vehicles plummeted.
Now the coronavirus has supplied a second punch.
Manufacturers have been forced to halt production lines and close dealerships in a bid to stop the spread of virus.
Overall auto sales in plunged 79% in February compared with the same month in 2019, according to figures from the China Association of Automobile Manufacturers. Sales of new energy vehicles (NEVs) fell for the eighth month in a row.
“China’s auto market was already reeling from a large drop in demand in 2019. In 2020 no carmaker has been immune to the effects of the coronavirus. That includes everyone from the oldest joint ventures producing internal combustion engine SUVs to the most innovative upstarts making connected electric vehicles,” says Scott Kennedy from the Center for Strategic and International Studies.
“The vast majority [of electric car makers] will not survive. But how long they survive and whether industry consolidation occurs through lots of mergers or bankruptcies will depend on the willingness of the government.”
Image copyright NIOImage caption The NIO EP9 is one of the fastest electric cars in the world
After listing on the New York Stock Exchange in 2018 and raising billions of dollars, NIO is perhaps the highest-profile Chinese maker of electric cars.
But in the five years since it was founded it has been beset by problems and has burned through hundreds of millions of dollars. In 2019 the company cut 2,000 jobs on the back of falling revenues. In February it announced it had signed a tentative agreement with a local government that has pledged to fund the company.
“China is a huge market growing at an immense pace. We will adjust and adapt to the market condition,” said an NIO spokesperson.
And it’s not just the car makers. China has some giant makers of components, such as batteries.
In 2018 CATL, a Chinese electric battery maker, became the official supplier of BMW’s electric cars.
Last month Tesla announced it would enter into an agreement with the company to supply batteries for Tesla’s newly built Shanghai mega-plant, capable of producing 500,000 vehicles a year.
Image copyright GETTY IMAGESImage caption China’s BYD is the one of the world’s biggest makers of electric vehicles
But despite that apparent success, analysts have their doubts.
“Chinese auto and battery technology is still not world-class. CATL and BYD are strong battery makers, but they are still somewhat behind technologically from their South Korean and Japanese counterparts. And Chinese automakers are still second-class producers even in their own country and they have barely any sales outside China,” says Mr Kennedy.
For car buyers, that question of quality hangs over China’s electric car makers.
Yi Zhi Yong, a middle-aged entrepreneur, drives a hybrid car made by Chinese manufacturer BYD. Backed by US billionaire Warren Buffett, the company was the third-largest battery-only electric car producer in the world in 2019, according to research by EV-volumes.com. Tesla sold the most, followed by another Chinese firm, BAIC.
He didn’t buy a pure electric vehicle because he is not confident about the quality.
“The quality of domestic pure electric vehicles is not good at the moment,” he says. “No domestic pure electric vehicle is worth buying yet.”
But he feels the progress made by China is a source of national pride. “In the 1990s we couldn’t imagine that China could build cars that can compete with the Japanese,” he says.
Back in Shenzhen, Han Zhu says the rolling back of government subsidies won’t put her off buying an electric vehicle. But rather than buying a Chinese marque, she has her eye on a Tesla.
“I think that they are totally different. I was super excited about Tesla but not other electric cars,” she says.
BEIJING, March 27 (Xinhua) — As the novel coronavirus disease (COVID-19) makes social distancing and working from home the new normal, leaders of the Group of 20, home to almost two-thirds of the world’s population and about 86 percent of the gross world product, convened Thursday for a virtual summit that sent a clear message: We are in the same boat.
The G20 Extraordinary Virtual Leaders’ Summit on COVID-19 was the first of its kind in the history of G20, and also the first major multilateral event attended by President Xi Jinping since the outbreak of the COVID-19.
Speaking to his colleagues via video link from Beijing, Xi put forward four proposals to cope with a situation that is “disturbing and unsettling,” calling for an all-out global war against the COVID-19 outbreak and enhancing international macro-economic policy coordination to prevent a recession.
“At such a moment, it is imperative for the international community to strengthen confidence, act with unity and work together in a collective response,” Xi said. “We must comprehensively step up international cooperation and foster greater synergy so that humanity as one could win the battle against such a major infectious disease.”
In a demonstration of the need for greater global coordination and solidarity, the G20 members were joined by leaders from invited countries including hard-hit Spain as well as multiple international organizations including the United Nations (UN), the World Health Organization (WHO), the World Trade Organization (WTO), and the International Monetary Fund (IMF).
While previous G20 summits often discussed high-stake topics like economic recession and boosting development policy, Thursday’s emergency meeting came at a time when the world is grappling with a dicey pandemic and concerns are mounting over the “black swan” event that could derail the global economy.
As China’s epidemic prevention and control are continuously improving, and the trend of an accelerated restoration of normal production and life is being consolidated and expanded, his remarks at the G20 summit are timely and of critical importance for countries now fighting at the front lines of a battle to stem the pandemic and forestalling a recession.
UNITED WE STAND
The number of COVID-19 cases worldwide topped 462,684, with 20,834 deaths as of 10 a.m. Central European Time, Thursday, according to the data kept by the WHO. The economic toll is also climbing as more businesses and trade come to a grinding halt amid massive lockdowns.
“The COVID-19 pandemic is endangering countries rich and poor, large and small, strong and weak alike,” said Wei Jianguo, vice chairman of the China Center for International Economic Exchanges and former vice minister of Commerce. “We are now at a critical juncture of fighting the pandemic and stabilizing the global economy, and the international community expects the G20 to play a leading role.”
The significance and urgency of Thursday’s meeting hark back to scenarios in the depth of the global financial crisis in 2008 when meetings of G20 finance ministers and central bank governors were raised to the level of heads of state and government for better crisis coordination. What’s different is that grave challenges facing the world today have led to warnings of a downturn even worse than in 2008.
“This pandemic will inevitably have an enormous impact on the economy,” WTO Director-General Roberto Azevedo said in a video clip posted on the website of the organization. “Recent projections predict an economic downturn and job losses that are worse than the global financial crisis a dozen years ago.”
To prevent the world economy from falling into recession, Xi said countries need to leverage and coordinate their macro policies to counteract the negative impact as the outbreak has disrupted production and demand across the globe.
“We need to implement strong and effective fiscal and monetary policies to keep our exchange rates basically stable. We need to better coordinate financial regulation to keep global financial markets stable. We need to jointly keep the global industrial and supply chains stable,” he told the summit in a speech titled “Working Together to Defeat the COVID-19 Outbreak.”
Xi’s remarks on fighting as one echoed. IMF Managing Director Kristalina Georgieva said: “We project a contraction of global output in 2020, and recovery in 2021. How deep the contraction and how fast the recovery depends on the speed of containment of the pandemic and on how strong and coordinated our monetary and fiscal policy actions are.”
“We will get through this crisis together. Together we will lay the ground for a faster and stronger recovery,” she said in a statement released after the conference call.
The important lesson in international solidarity is often forgotten when things are going fine, William Jones, Washington bureau chief of the U.S. publication Executive Intelligence Review, told Xinhua in a recent interview.
“The experience with the COVID-19 will hopefully lead to more collaborative efforts between countries and strengthen the notion of a community with a shared destiny,” he said.
As China is a key driver of global economic growth, its economic performance bears great significance on the outlook of global recovery. In a strong morale and practical boost, Xi reaffirmed China would actively contribute to the global war against COVID-19 and a stable world economy.
“Guided by the vision of building a community with a shared future for mankind, China will be more than ready to share its good practices, conduct joint research and development of drugs and vaccines, and provide assistance where it can to countries hit by the growing outbreak,” Xi said.
Xi said China will contribute to a stable world economy by continuing to advance reform and opening-up, widen market access, improve the business environment and expand imports and outbound investment, and called on all G20 members to take collective actions — cutting tariffs, removing barriers, and facilitating the unfettered flow of trade.
The country is beefing up wider opening-up to foreign investment. Revision of the negative list on foreign investment is underway as part of the plan to improve business environment and expand the catalog of industries where foreign investment is encouraged.
New editions of the list will probably be released in May, expanding market access of the tertiary sector, such as health care, aged service, finance, transportation, logistics, tourism, education and training and value-added services of telecommunications, said Zhang Fei with the Chinese Academy of International Trade and Economic Cooperation.
Noting that a global solution is needed to address the global challenge brought about by the pandemic, Azevedo said cross-border trade and investment flows have a role to play in efforts to combat the COVID-19 pandemic and will be vital for fostering a stronger recovery once the medical emergency subsides.
“No country is self-sufficient, no matter how powerful or advanced it may be. Trade is what allows for the efficient production and supply of basic goods and services, medical supplies and equipment, food and energy that we all need,” he said.
Legislation ‘blatantly obstructs other sovereignties from developing legitimate diplomatic relations with China’, foreign ministry says
US president’s decision could damage efforts by Beijing and Washington to work together in the fight against Covid-19, observers say
The United States’ new Taipei Act aims to discourage Taiwan’s allies from cutting diplomatic ties with the island due to pressure from Beijing. Photo: EPA-EFE
Beijing has condemned US President Donald Trump’s decision to sign into law an act designed to bolster Taiwan’s diplomatic standing in the world, describing it as an act of hegemony.
“China expresses its strong indignation and firmly opposes the bill,” foreign ministry spokesman Geng Shuang told a press conference on Friday.
The legislation, he said, “blatantly obstructs other sovereignties from developing legitimate diplomatic relations with China, which is an act of hegemony” adding that it also “seriously violated the one-China principle … [and] brutally interferes in Chinese domestic affairs”.
Trump signed the Taiwan Allies International Protection and Enhancement Initiative (Taipei) Act of 2019 on Thursday, just hours before speaking to Chinese President Xi Jinping over the telephone to discuss how the two countries can work together to tackle the coronavirus pandemic.
China calls for ‘concrete steps’ from US to cooperate on fighting Covid-19
27 Mar 2020
The legislation aims to discourage Taiwan’s diplomatic allies from cutting ties with the island due to pressure from Beijing. It also requires the US to supplement its own diplomatic presence in countries that support Taiwan and reduce its diplomatic footprint if they side with Beijing.
The bill was written by Republican senator for Colorado Cory Gardner and Democrat senator for Delaware Chris Coons, who said the US should support Taiwan in strengthening its alliances around the world amid increased pressure and “bullying tactics” from Beijing.
It was passed unanimously by the House of Representatives on March 4 after being reconciled with the Senate’s version that was approved in October.
Relations between Beijing and Taipei have been at a low ebb since Tsai Ing-wen, from the independence-leaning Democratic Progressive Party, was elected president in 2016, and re-elected for a further four-year term in January.
Taiwan’s foreign ministry welcomed the legislation, thanking the United States for its support for the island’s “diplomatic space” and right to participate in world affairs.
In the coronavirus fog, tussling over Taiwan goes under the radar
27 Mar 2020
Observers said that while the new act would benefit Taipei on the world stage, it would also be detrimental to its relationship with Beijing, and could be damaging to the commitments made between Xi and Trump to work together to fight Covid-19.
“Given it has been suppressed by Beijing in recent years, the new act will help Taiwan to gain more support from the international community,” said Zheng Zhengqing, an expert on Taiwan affairs at Tsinghua University in Beijing.
He said that Xi believed Taipei’s international role should be decided by Beijing, not Washington.
“What Trump has done comes from the opposite direction … and could hinder engagement and cooperation between [mainland] China and the US amid the coronavirus outbreak and make matters worse,” he said.
Zhu Songling, a professor at the Institute of Taiwan Studies at Beijing Union University, said the Taipei Act had crossed a red line for Beijing and would bring further uncertainty to China-US relations, as well as relations across the Taiwan Strait.
Beijing considers Taiwan part of its sovereign territory awaiting reunification with the mainland, by force if necessary.
Taipei-based political and military commentator Chi Le-yi said that while the new legislation was significant, it remained to be seen how it would affect Taiwan’s global standing or the stability of the Taiwan Strait amid the ongoing strategic gamesmanship between mainland China and the US.
“The bill itself is very meaningful, it has turned the US’s concerns about Taiwan issue into a legal issue,” he said.
“But its impact will depend on how it is implemented by America’s executive units.”
BEIJING/SHANGHAI (Reuters) – Chinese President Xi Jinping told U.S. President Donald Trump during a phone call on Friday that he would have China’s support in fighting the coronavirus, as the United States faces the prospect of becoming the next global epicentre of the pandemic.
The United States now has the most coronavirus cases of any country, with 84,946 infections and 1,259 deaths. Hospitals in cities like New York and New Orleans struggle to cope with the wave of patients.
Xi’s offer of assistance came amid a long-running war of words between Beijing and Washington over various issues including the coronavirus epidemic.
Trump and some U.S. officials have accused China of a lack of transparency on the virus, and Trump has at times called the coronavirus a “China virus” as it originated there, angering Beijing.
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In the call, Xi reiterated to Trump that China had been open and transparent about the epidemic, according to an account of the conversation published by the Chinese foreign ministry.
Trump said on Twitter that he discussed the coronavirus outbreak “in great detail” with Xi.
“China has been through much & has developed a strong understanding of the virus,” Trump said. “We are working closely together. Much respect!”.
The World Health Organization has said the United States, which saw 17,099 new coronavirus cases and 281 deaths in the past 24 hours, is expected to become the epicentre of the pandemic.
CHINA CUTS FLIGHTS
Like U.S. hospitals now, China’s medical system struggled to contain the coronavirus just two months ago, but draconian city lockdowns and severe travel restrictions has seen China dramatically ease the epidemic.
Mainland China on Friday reported its first local coronavirus case in three days and 54 new imported cases, as Beijing ordered airlines to sharply cut international flights, for fear travellers could reignite the coronavirus outbreak.
The 55 new cases detected on Thursday were down from 67 a day earlier, the National Health Commission said on Friday, taking the tally of infections to 81,340. China’s death toll stood at 3,292 as of Thursday, up by five from a day earlier.
The central province of Hubei, with a population of about 60 million, reported no new cases on Thursday, a day after lifting a lockdown and reopening its borders as the epidemic eased there.
The commercial capital of Shanghai reported the most new imported cases with 17, followed by 12 in the southern province of Guangdong and four each in the capital Beijing and the nearby city of Tianjin.
Shanghai now has 125 patients who arrived from overseas, including 46 from Britain and 27 from the United States.
In effect from Sunday, China has ordered its airlines to fly only one route to any country, on just one flight each week. Foreign airlines must comply with similar curbs on flights to China, although many had already halted services.
About 90% of current international flights into China will be suspended, cutting arrivals to 5,000 passengers a day, from 25,000, the civil aviation regulator said late on Thursday.
From Saturday, China will temporarily suspend entry for foreigners with valid visas and residence permits, in an interim measure, the foreign ministry added.
Before the new curbs, foreign nationals made up about a tenth of the roughly 20,000 travellers arriving on international flights every day, an official of China’s National Immigration Administration said last week.
As commercial flights dwindle, Chinese students from wealthy families are paying tens of thousands of dollars to fly home on private jets.
International demand for chartered and private flights into China increased 227% in March from a year earlier, said Shanghai-based private jet service provider iFlyPlus.
Notably, requests for flights from the United States to China rose 10-fold in late March, iFlyPlus told Reuters.
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