Archive for ‘coronavirus epidemic’

04/05/2020

China’s young spenders say #ditchyourstuff as economy sputters

BEIJING (Reuters) – Tang Yue, a 27-year-old teacher from the city of Guilin in southwest China, steam-presses a blue dress and takes dozens of photographs before picking one to clinch her 200th online sale.

For a growing number of Chinese like Tang, hit by job losses, furloughs and salary cuts, the consumer economy has begun to spin in reverse. They are no longer buying – they are selling.

Instead of emerging from the coronavirus epidemic and returning to the shopping habits that helped drive the world’s second-largest economy, many young people are offloading possessions and embracing a new-found ethic for hard times: less is more.

With Tang’s monthly salary of about 7,000 yuan ($988), the self-described shopaholic said she has bought everything from Chanel lipsticks to Apple’s (AAPL.O) latest iPad in the past three years.

But the adrenaline rush that comes with binge-shopping is gone, said Tang, whose wages have been slashed with the suspension of all the classes on tourism management she usually teaches.

“The coronavirus outbreak was a wake-up call,” she said. “When I saw the collapse of so many industries, I realised I had no financial buffer should something unfortunate happen to me.”

There is no guarantee that the nascent minimalist trend will continue once the coronavirus crisis is fully over, but if it does, it could seriously damage China’s consumer sector and hurt thousands of businesses from big retailers to street-corner restaurants, gyms and beauty salons.

To be sure, there are signs that pent-up demand will drive a rush of spending as authorities reopen malls, leisure venues and tourist spots. In South Korea, the first major economy outside of China to be hit by the virus, people thronged malls this weekend to go “revenge shopping” to make up for time lost in lockdown.,

There are some signs that a similar trend will take hold in China, where some upscale malls are starting to get busy, although luxury firm Kering SA (PRTP.PA) – which owns Gucci, Balenciaga and other fashion brands – has said it is hard to predict how or when sales in China might come back.

A recent McKinsey & Co survey showed that between 20% and 30% of respondents in China said they would continue to be cautious, either consuming slightly less or, in a few cases, a lot less.

“The lockdown provided consumers with a lot of time and reasons to reflect and consider what is important to them,” said Mark Tanner, managing director at Shanghai-based research and marketing consultancy China Skinny.

“With much more of their days spent in their homes, consumers also have more time and reasons to sort through things they don’t feel they need – so they’re not living around clutter that is common in many apartments.”

#DITCHYOURSTUFF

Tang made a spreadsheet to keep track of her nearly 200 cosmetic products and hundreds of pieces of clothing. She then marked a few essentials in red that she wanted to keep. In the past two months, she has sold items worth nearly 5,000 yuan on second-hand marketplaces online.

Bargain-hunting online has become a new habit for some Chinese as the stigma that once hung over second-hand goods has begun to fade.

Idle Fish, China’s biggest online site for used goods, hit a record daily transaction volume in March, its parent company Alibaba (BABA.N) told Reuters.

Government researchers predict that transactions for used goods in China may top 1 trillion yuan ($141 billion) this year.

Posts with the hashtag #ditchyourstuff have trended on Chinese social media in recent weeks, garnering more than 140 million views.

Jiang Zhuoyue, 31, who works as an accountant at a traditional Chinese medicine company in Beijing – one of the few industries that may benefit from the health crisis – has also decided to turn to a simpler life.

“I used to shop too much and could be easily lured by discounts,” said Jiang. “One time Sephora offered 20% off for all goods, I then bought a lot of cosmetics because I feel I’m losing money if I don’t.”

Jiang, the mother of a 9-month-old baby, said she recently sold nearly 50 pieces of used clothing as the lockdown gave her the opportunity to clear things out. “It also offered me a chance to rethink what’s essential to me, and the importance of doing financial planning,” she said.

Eleven Li, a 23-year-old flight attendant, said she used to spend her money on all manner of celebrity-endorsed facial masks, snacks, concert tickets and social media activity, but now has no way to fund her spending.

“I just found a new job late last year, then COVID-19 came along, and I haven’t been able to fly once since I joined, and I’ve gotten no salary at all,” said Li, who said she was trying to sell her Kindle.

Some are even selling their pets, as they consider leaving big cities like Beijing and Shanghai where the high cost of living is finally catching up with them.

NO RETURN TO OLD WAYS?

As the coronavirus comes under control in China, the government is gradually releasing cities from lockdown, easing transport restrictions and encouraging consumers to venture back into malls and restaurants by giving out billions-worth of cash vouchers, worth between 10 yuan and 100 yuan.

But many people say they are still worried about job security and potential wage cuts because of the struggling economy. Nationwide retail sales have plunged every month so far this year.

Xu Chi, a Shanghai-based senior strategic analyst with Zhongtai Securities, said some Chinese consumers may prove the ‘21 Day Habit Theory,’ a popular scientific proposition that it only takes that long to establish new habits.

“We believe people’s spending patterns follow the well-known theory, which means most people in China, having been cooped-up at home for more than a month and not having binge-shopped, may break the habit and not return to their old ways,” Xu said.

Jiang said she was determined not to return to her free-spending ways and planned to cook more at home.

“I’ll turn to cheaper goods for some luxury brands,” she said. “I’ll choose Huawei’s smartphone, because (Apple’s) iPhone has too much brand premium.”

Tang, who has recently used 100 yuan of shopping coupons to stock up on food, is going to hold the purse strings even tighter.

“I’ve set my monthly budget at 1,000 yuan,” she said. “Including one – and just one – bottle of bubble tea.”

Source: Reuters

02/05/2020

Harbin city shuts eateries, coronavirus curbs ease elsewhere in China

BEIJING/SHANGHAI (Reuters) – A northeastern Chinese city of 10 million people struggling with currently the country’s biggest coronavirus cluster shut dine-in services on Saturday, as the rest of China eases restrictions designed to hamper the spread of the disease.
Harbin, the provincial capital of Heilongjiang and its biggest city, said it temporarily suspended dine-in services for all eateries, reported the official CCTV citing an emergency epidemic prevention notice.
Catering services operating in the city, such as barbecue eateries and those selling skewers, shabu shabu, and stew, shall suspend dine-in meals until further notice and in accordance with changes in the epidemic situation, the notice said.
While mainland China reported only one case on Saturday and crowds returned to some of its most famous tourist attractions for the 5-day May holiday, the northern province of Heilongjiang is hunkering down to prevent further clusters from forming.
Of the 140 local transmissions in mainland China, over half have been reported as from Heilongjiang, according to a Reuters tally.
Heilongjiang province borders Russia and has become the frontline in the fight against a resurgence of the coronavirus epidemic, with many new infections from citizens entering from Russia.
The province has already banned entry to residential zones by non-locals and vehicles registered elsewhere. It had also ordered isolation for those arriving from outside China or key epidemic areas.
On the back of the outbreak, deputy secretary of the Provincial Party Committee Wang Wentao said at a Friday meeting “we deeply blame ourselves”, according to local media.

“We had an inadequate understanding of epidemic prevention and control,” said Wang, adding that the failure to carry out testing in a timely manner contributed to the clusters.

Source: Reuters

01/05/2020

Tourists trickle back to village by China’s Great Wall as virus curbs relaxed

GUBEI WATER TOWN, China (Reuters) – The mock Qing dynasty village nestled below the Great Wall would normally be teeming with tourists on Labour Day, but the thin crowds on Friday showed that while China’s coronavirus epidemic has subsided, people’s fears could take longer to fade.

During holidays, some 100,000 visitors a day would traipse round the quaint stone-paved streets of Gubei Water Town, 110 kilometres (68 miles) northeast of Beijing. Its marketing manager reckoned on getting just a tenth of that number this year.

“People have concerns about the virus and are unwilling to travel long distances,” said Guo Baorong. For a start, there will be no international tourists this time, he said, noting foreigners would normally make up around 15% of visitors.

About 70% of China’s tourist attractions had reopened as of Thursday, according to China’s Ministry of Culture and Tourism, but all sites have had to cap visitors to 30% of designed capacity.

More sites, including the Forbidden City in Beijing, were set to reopen Friday.

Staff at the entrance to Gubei Water Town checked visitors’ temperatures and health tracking codes. And inside, lines on the ground directed tourists to stand one meter apart and stores used ropes to keep crowds from forming. Like everywhere in China since the lockdowns were imposed to stem the epidemic, everyone wore masks.

Still, in places where tourists squeezed together as the streets narrowed, staff shouted at them to spread out.

Some tourists enjoyed the smaller crowds.

Xiao Chen, a 24-year-old student wearing traditional Chinese garb known as “Hanfu” came to Gubei to take pictures around ancient architecture.

“It’s good to come out of the city. There was barely anyone in Gubei Water Town yesterday, and even today, it’s not crowded,” she said.

The tranquility may not last. Room bookings jumped on Thursday after Beijing and nearby areas began easing coronavirus restrictions, with about 90% of accommodation now reserved.

“We were not expecting that many people to come in,” said Guo.

Source: Reuters

 

13/04/2020

Russian border becomes China’s frontline in fight against second virus wave

SUIFENHE, China (Reuters) – China’s northeastern border with Russia has become a frontline in the fight against a resurgence of the coronavirus epidemic as new daily cases rose to the highest in nearly six weeks – with more than 90% involving people coming from abroad.

Having largely stamped out domestic transmission of the disease, China has been slowly easing curbs on movement as it tries to get its economy back on track, but there are fears that a rise in imported cases could spark a second wave of COVID-19.

A total of 108 new coronavirus cases were reported in mainland China on Sunday, up from 99 a day earlier, marking the highest daily tally since March 5.

Imported cases accounted for a record 98. Half involved Chinese nationals returning from Russia’s Far Eastern Federal District, home to the city of Vladivostok, who re-entered China through border crossings in Heilongjiang province.

“Our little town here, we thought it was the safest place,” said a resident of the border city of Suifenhe, who only gave his surname as Zhu.

“Some Chinese citizens – they want to come back, but it’s not very sensible, what are you doing coming here for?”

The border is closed, except to Chinese nationals, and the land route through the city had become one of few options available for people trying to return home after Russia stopped flights to China except for those evacuating people.

Streets in Suifenhe were virtually empty on Sunday evening due to restrictions of movement and gatherings announced last week, when authorities took preventative measures similar to those imposed in Wuhan, the central Chinese city where the pandemic ripping round the world first emerged late last year.

The total number of confirmed cases in mainland China now stands at 82,160 as of Sunday, and at the peak of the first wave of the epidemic on Feb 12 there were over 15,000 new cases.

Though the number of daily infections across China has dropped sharply from that peak, China has seen the daily toll creep higher after hitting a trough on March 12 because of the rise in imported cases.

Chinese cities near the Russian frontier are tightening border controls and imposing stricter quarantines in response.

Suifenhe and Harbin, the capital of Heilongjiang, are now mandating 28 days of quarantine as well as nucleic acid and antibody tests for all arrivals from abroad.

In Shanghai, authorities found that 60 people who arrived on Aeroflot flight SU208 from Moscow on April 10 have the coronavirus, Zheng Jin, a spokeswoman for the Shanghai Municipal Health Commission, told a press conference on Monday.

Residents in Suifenhe said a lot of people had left the city fearing contagion, but others put their trust in authorities’ containment measures.

“I don’t need to worry,” Zhao Wei, another Suifenhe resident, told Reuters. “If there’s a local transmission, I would, but there’s not a single one. They’re all from the border, but they’ve all been sent to quarantine.”

Source: Reuters

12/04/2020

Covid-19 lockdowns brought blue skies back to China, but don’t expect them to last

  • Between January 20 and April 4, PM2.5 levels across the country fell by more than 18 per cent, according to the environment ministry
  • But observers say that as soon as the nation’s factories and roads get back to normal, so too will the air pollution levels
Blue skies were an unexpected upside of locking down cities and halting industrial production across China. Photo: AFP
Blue skies were an unexpected upside of locking down cities and halting industrial production across China. Photo: AFP
China’s air quality has improved dramatically in recent weeks as a result of the widespread city lockdowns and strict travel restrictions introduced to contain the

coronavirus epidemic

. But experts say the blue skies could rapidly disappear as factories and roads reopen under a government stimulus plan to breathe new life into a stalled economy.

According to the Ministry of Ecology and Environment, between January 20 and April 4 the average concentration of PM2.5 – the tiny particles that pose the biggest risk to health – fell by 18.4 per cent from the same period of last year.
Meanwhile, the average number of days with good air quality – determined as when the air pollution index falls below 100 – rose by 7.5 per cent, it said.

Satellite images released by Nasa and the European Space Agency showed a dramatic drop in nitrogen dioxide emissions in major Chinese cities in the first two months of 2020, compared with a year earlier.

According to Nasa, the changes in Wuhan – the central China city at the epicentre of the initial coronavirus outbreak – were particularly striking, while nitrogen dioxide levels across the whole of eastern and central China were 10 to 30 per cent lower than normal.

The region is home to hundreds of factories, supplying everything from steel and car parts to microchips. Wuhan, which has a population of 11 million, was placed under lockdown on January 23, but those restrictions were lifted on  Wednesday
.
Air pollution is likely to return to China’s cities once the lockdowns are lifted. Photo: Reuters
Air pollution is likely to return to China’s cities once the lockdowns are lifted. Photo: Reuters
Nitrogen dioxide is produced by cars, power plants and other industrial facilities and is thought to exacerbate respiratory illnesses such as asthma.

The space agency said the decline in air pollution levels coincided with the restrictions imposed on transport and business activities.

That was consistent with official data from China’s National Development and Reform Commission, which recorded a 25 per cent fall in road freight volume and a 14 per cent decline in the consumption of oil products between January and February.

Guangzhou cases prompt shutdown in ‘Little Africa’ trading hub

8 Apr 2020

Liu Qian, a senior climate campaigner for Greenpeace based in Beijing, said the restrictions on industry and travel were the primary reasons for the improvement in air quality.

According to official data, in February, the concentrations of PM2.5, nitrogen dioxide and sulphur dioxide – a toxic gas that comes mostly from industrial burning of coal and other fossil fuels – all fell, by 27 per cent, 28 per cent and 23 per cent, respectively.

“The causes of air pollution are complicated, but the suspension of industrial activity and a drop in public transport use will have helped to reduce levels,” Liu said.

As the epicentre of the Covid-19 pandemic has shifted to the United States and

Europe

, human and industrial activity in China is gradually picking back up, and so is air pollution.

Lauri Myllyvirta, lead analyst with the Centre for Research on Energy and Clean Air in Helsinki, said that levels of nitrogen dioxide pollution, measured both by Nasa satellites and official stations in China, started inching back up in the middle of March and had returned to normal levels by the end of the month.

That coincided with the centre’s findings – published on Carbon Brief, a British website on climate change – that coal consumption at power plants and oil refineries across China returned to their normal levels in the fourth week of March.

How the Wuhan experience could help coronavirus battle in US and Europe

10 Apr 2020

Ma Jun, director of the Institute of Public & Environmental Affairs, a Beijing-based charity, said a stimulus plan to kick-start the economy would have a significant impact on air pollution.

“Once industrial production is fully resumed, so are the emission levels,” he said. “Unless another outbreak happens and triggers another lockdown, which would be terrible, the improvement achieved under the pandemic is unstable and won’t last long.”

After the 2008 financial crisis, Beijing launched a 4 trillion yuan (US$567.6 billion) stimulus package that included massive infrastructure investment, but also did huge damage to the environment. In the years that followed, air pollution rose to record highs and sparked a public backlash.

Even before the Covid-19 outbreak, China’s economy was slowing – it grew by 6.1 per cent in 2019, its slowest for 29 years – and concerns are now growing that policymakers will go all out to revive it.
“Local governments have been under huge pressure since last year, and there are fears that environmental regulations will be sidelined [in the push to boost economic output],” Ma said.
But Beijing had the opportunity to get it right this time by investing more in green infrastructure projects rather than high-carbon projects, he said.
“A balance between economic development and environmental protection is key to achieving a green recovery, and that is what China needs.”
Source: SCMP
04/04/2020

China mourns thousands who died in country’s coronavirus epidemic

BEIJING/WUHAN, China (Reuters) – China on Saturday mourned the thousands of “martyrs” who have died in the new coronavirus outbreak, flying the national flag at half mast throughout the country and suspending all forms of entertainment.

The Chinese national flag flies at half-mast at Tiananmen Square in Beijing, as China holds a national mourning for those who died of the coronavirus disease (COVID-19), on the Qingming tomb sweeping festival, April 4, 2020. REUTERS/Carlos Garcia Rawlins

The day of mourning coincided with the start of the annual Qingming tomb-sweeping festival, when millions of Chinese families pay respects to their ancestors.

At 10 a.m. (0200 GMT) Beijing time, the country observed three minutes of silence to mourn those who died, including frontline medical workers and doctors. Cars, trains and ships sounded their horns and air raid sirens wailed.

In Zhongnanhai, the seat of political power in Beijing, President Xi Jinping and other Chinese leaders paid silent tribute in front of the national flag, with white flowers pinned to their chest as a mark of mourning, state media reported.

More than 3,300 people in mainland China have died in the epidemic, which first surfaced in the central province of Hubei late last year, according to statistics published by the National Health Commission.

In Wuhan, the capital of Hubei province and the epicentre of the outbreak, all traffic lights in urban areas turned red at 10 a.m. and all road traffic ceased for three minutes.

Some 2,567 people have died in Wuhan, a megacity of 11 million people located in the middle reaches of the Yangtze river. The Wuhan deaths account for more than 75% of the country’s fatalities.

Among those who died was Li Wenliang, a young doctor who tried to raise the alarm about the disease. Li was honoured by the Hubei government earlier this week, after initially being reprimanded by police in Wuhan for “spreading rumours”.

Gui Yihong, 27, who was among thousands of Wuhan locals who volunteered to deliver food supplies to hospitals during the city’s months-long lockdown, recalled the fear, frustration and pain at Wuhan Central Hospital, where Li worked.

“If you weren’t at the frontlines you wouldn’t be able to experience this,” said Gui, as he laid some flowers next to Wuhan’s 1954 flood memorial by the Yangtze.

“I had to (come) and bear witness. For the last 80 days we had fought between life and death, and finally gained victory. It was not easy at all to come by.”

While the worst was behind Wuhan, the virus has spread to all corners of the globe since January, sickening more than a million people, killing more than 55,000 and paralysing the world economy.

Wuhan banned all tomb-sweeping activities in its cemeteries until at least April 30, curtailing one of the most important dates in the traditional Chinese lunar new year calendar which usually sees millions of families travel to tend to their ancestral graves, offer flowers and burn incense.

They have also told residents, most stuck at home due to lockdown restrictions, to use online streaming services to watch cemetery staff carry out those tasks live.

ASYMPTOMATIC CASES

Online, celebrities including “X-Men: Days of Future Past” star Fan Bingbing swapped their glamorous social media profile pictures for sombre photos in grey or black, garnering millions of “likes” from fans.

Chinese gaming and social media giant Tencent (0700.HK) suspended all online games on Saturday.

As of Friday, the total number of confirmed cases across the country stood at 81,639, including 19 new infections, the National Health Commission said.

Eighteen of the new cases involved travellers arriving from abroad. The remaining one new infection was a local case in Wuhan, a patient who was previously asymptomatic.

Asymptomatic people exhibit few signs of infection such as fevers or coughs, and are not included in the tally of confirmed cases by Chinese authorities until they do.

However, they are still infectious, and the government has warned of possible local transmissions if such asymptomatic cases are not properly monitored.

China reported 64 new asymptomatic cases as of Friday, including 26 travellers arriving in the country from overseas. That takes the total number of asymptomatic people currently under medical observation to 1,030, including 729 in Hubei.

Source: Reuters

01/04/2020

Chinese province bars citizens from leaving the country to stop coronavirus spread

  • Authorities in Yunnan limit land and river ports to cargo traffic, locking down border communities
  • Province on alert for imported cases of Covid-19
Yunnan is on alert for imported cases of the coronavirus. Photo: Xinhua
Yunnan is on alert for imported cases of the coronavirus. Photo: Xinhua
The southwestern province of Yunnan has banned Chinese citizens from leaving the country via its more than 30 land and river ports to stop the spread of the coronavirus epidemic through returning nationals.
Yunnan, which borders Vietnam, Laos and Myanmar, had restricted its 19 land ports and 14 river ports to cargo, the provincial government said on Tuesday.
The authorities said that from Tuesday night, all departures by Chinese citizens via the checkpoints would be suspended, with exemptions granted for approved foreign aid, technical support or emergency medical workers.
China closed its borders to foreign travellers and residency holders

on Saturday. But non-Chinese residents of border areas who have permits to cross into Yunnan could still enter the province, according to a previous report by China News Service.

Those permit holders can still cross into Yunnan but will be discouraged from doing so. Under the new restrictions, they will need to test negative for two nucleic acid tests and one antibody test before being put in seven days of centralised isolation and another seven days of home isolation, all at their own expense.

Coronavirus: Decoding Covid-19
Residents in border cities and counties will be restricted to the village and community level to prevent entry and exit of outsiders. They would also be encouraged to report illegal immigrants, the government said.
Yunnan, which recorded 174 local coronavirus cases including two deaths, said all patients in its initial wave were discharged by March 14. The province is now on alert for imported cases, with eight patients who travelled to the province from overseas being treated as of Tuesday.

Xiao Xian, a professor of international relations from Yunnan University, said some permit holders could be deterred from crossing into Yunnan by the cost of tests and quarantine.

Xiao also said that banning Chinese citizens from crossing the border would affect border trade and tourism, but it was necessary to stop transmission of the coronavirus.

“The need to prevent the spread of an infectious disease outweighs trade and tourism. It is understandable since it is the country’s top priority now,” Xiao said.

Source: SCMP

27/03/2020

China’s Xi offers Trump help in fighting coronavirus as U.S. faces wave of new patients

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.

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.

Source: Reuters

03/03/2020

Coronavirus: China orders travellers quarantined amid outbreak

A Chinese office worker wears a protective mask as she waits to take a public bus after leaving work on 2 March 2020 in Beijing, ChinaImage copyright GETTY IMAGES
Image caption Authorities are also asking overseas Chinese to reconsider travel plans

Travellers from countries with severe coronavirus outbreaks who arrive in some parts of China will have to undergo a 14-day quarantine, state media say.

Travellers from the virus hotspots of South Korea, Japan, Iran and Italy arriving in the capital will have to be isolated, a Beijing official has said.

Shanghai and Guangdong announced similar restrictions earlier.

Authorities are worried the virus might be imported back into the country.

Although most virus deaths have been in China, Monday saw nine times more new infections outside China than in.

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What do I need to know about the coronavirus?

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Shanghai said it would require new arrivals from countries with “relatively serious virus conditions” to be isolated, without naming the countries.

Authorities are also asking overseas Chinese to reconsider travel plans.

“For the sake of your family’s health and safety, please strengthen your precautions, carefully decide on your travel plans and minimise mobility,” officials in one southern Chinese province said.

China reported 125 new virus cases on Tuesday – the lowest number of new daily infections in six weeks. There were also 31 more deaths – all in Hubei province, where the virus emerged.Presentational white space

Coronavirus chart 3 March 2020
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In other developments:

  • Finance ministers from the G7 countries have said they are “ready to take action”, including fiscal measures to aid the response to the virus and support the global economy
  • The Pope, who had cancelled a Lent retreat for the first time in his papacy because he was suffering from a cold, has tested negative for the virus, Italian media report
  • South Korean President Moon Jae-in has put the country into a “state of war” and ordered all government departments to shift to a 24-hour emergency system
  • Jailed British-Iranian woman Nazanin Zaghari-Ratcliffe is in good health, Iran’s judiciary has said. She was assessed after her husband said she was showing symptoms of Covid-19
  • Japan’s Olympic minister says the Tokyo 2020 Games could be postponed until later in the year. BBC Sport is keeping track of all events that are affected
  • In the UK, where there are 39 confirmed cases, the government has warned that up to a fifth of the workforce may be off sick during the peak of a coronavirus epidemic
Media caption Julie, who lives in Singapore, was diagnosed with coronavirus and then put into isolation

How are different countries affected?

There are now almost 90,000 cases worldwide in about 70 countries, although the vast majority – just under 90% – remain in China, and most of those are in Hubei province where the virus originated late last year.

Of the nearly 8,800 cases outside China, 81% are in four countries – Iran, South Korea, Italy and Japan.

Coronavirus chart 3 March 2020

One of the countries worst affected outside China – Italy – said on Monday that the death toll there had risen by 18 to 52. There are 1,835 confirmed cases, most of them in the Lombardy and Veneto areas of the north. Nearly 150 people are said to have recovered.

However, the country is seeing a slowdown in new cases. On Monday, the authorities said there were 258 new cases of the virus – a 16% increase on the previous day – after new cases spiked by 50% on Sunday.

European coronavirus map 3 March 2020
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On Tuesday, Iran said the latest death toll from the virus was 77 – although the real figure is believed to be much higher. More than 2,300 people are said to be infected, including senior political figures. The head of Iran’s emergency medical services, Pirhossein Kolivand, was one of them, the Ilna news agency reported on Tuesday.

Some 23 MPs are also reported to have tested positive for the virus, and an official close to the Supreme Leader, Ayatollah Ali Khamenei, was reported on Monday to have died of the disease.

Health officials in the US state of Washington said on Monday that four more people had died, bringing the total there to six. They are the only deaths in the US so far. Local officials say they are buying a hotel to convert it into an isolation hospital.

On Tuesday, Ukraine confirmed its first case of coronavirus, while Portugal, Iceland, Jordan, Tunisia, Armenia, Latvia, Senegal, Morocco and Andorra confirmed their first cases on Monday.

Coronavirus global map

How deadly is Covid-19?

The WHO says the virus appears to particularly affect those over 60, and people already ill.

In the first large analysis of more than 44,000 cases from China, the death rate was 10 times higher in the very elderly compared to the middle-aged.

Most patients have only mild symptoms and the death rate appears to be between 2% and 5%, the WHO said.

By comparison, seasonal flu has an average mortality rate of about 0.1%, but is highly infectious – with up to 400,000 people dying from it each year.

Other strains of coronavirus, such as Severe Acute Respiratory Syndrome (Sars) and Middle East Respiratory Syndrome (Mers), have much higher death rates than Covid-19.

Death rates for different groups

Source: The BBC

03/03/2020

European auto industry’s plans to cut costs and jobs

(Reuters) – Europe’s auto industry is facing a slowdown in demand for new cars, as well as disruption from the coronavirus epidemic and import tariffs between China and the United States. As a result, several companies have announced plans to cut costs and jobs.

Here is a summary of the steps announced so far:

AUTOMAKERS:

VOLKSWAGEN GROUP (VOWG_p.DE)

Volkswagen said in March 2019 it would cut up to 7,000 positions and aim to deliver 5.9 billion euros ($6.7 billion) of annual savings at its core VW brand by 2023.

Volkswagen’s luxury car unit Audi (NSUG.DE) said in November it would cut one in ten jobs by 2025, up a total of 9,500, to fund its shift towards electric vehicle production.

PSA GROUP (PEUP.PA), FIAT CHRYSLER (FCHA.MI)

PSA’s German unit Opel said in February it was ruling out forced redundancies until July 2025, but would reopen a voluntary leave programme for older employees.

Unions at Fiat Chrysler, which is planning a merger with PSA, said management promised to avoid redundancies and get all group employees off special furlough arrangements and back to work by 2022.

The merger aims to achieve annual savings of 3.7 billion euros.

BMW (BMWG.DE)

In November, BMW management and its German labour representatives reached an agreement on changes to payout schemes and bonuses to reduce costs in Germany while avoiding “drastic measures”. BMW has said it will keep headcount stable, as hiring in software development will offset voluntary staff reductions in other areas.

DAIMLER (DAIGn.DE)

In February, German business daily Handelsblatt reported Daimler (DAIGn.DE) was intensifying its cost-cutting measures and planning to cut up to 15,000 jobs. Daimler declined to comment.

Daimler Chief Executive Ola Kaellenius said in February the company would cut 1,100 leadership positions worldwide, or about 10% of its management over the next three years.

The company also said it would revamp the management of its portfolios to remove duplicate layers between Mercedes-Benz and Daimler AG.

VOLVO CARS

In July 2019, Volvo Cars announced plans to cut fixed costs by 2 billion Swedish crowns ($214 million), adding the savings drive – on which it did not provide details – would come into effect in the second half of 2019 and run into the first half of 2020.

JAGUAR LAND ROVER

In February, Britain’s biggest carmaker Jaguar Land Rover (TAMO.NS) said it would reduce or stop production on certain days at two of its British factories as it was pursuing cost-cutting measures in response to falling demand.

A month earlier, the company said it would cut around 10% of the workforce at its northern English Halewood factory, which has about 4,500 employees, as it was changing shift patterns to boost efficiency at the site.

RENAULT (RENA.PA)

After Renault’s first full-year loss in a decade, the French automaker said it would cut costs by 2 billion euros over the next three years and did not exclude job cuts during a performance review across its factories.

BOSCH

In January, German engineering company Bosch said it would make staff changes via shorter working hours, voluntary redundancy and severance packages, but declined to provide a global figure for headcount reductions.

CONTINENTAL (CONG.DE)

German automotive supplier Continental said in November it would pare back its engine manufacturing activities, which could result in around 5,040 job losses by 2028.

Source: Reuters

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