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.
The measures China has taken to stop the spread of the coronavirus are starting to have an impact, Mi Feng, a spokesman at the National Health Commission, said on Sunday.
In other developments:
The number of people who have tested positive on the Diamond Princess cruise ship, which is being held in quarantine in Japan, has risen to 355. The US and Canada are sending planes to evacuate their citizens
A Chinese tourist has died in France – the first fatality outside Asia
An 83-year-old American woman has tested positive after disembarking another cruise ship that was turned away by a number of countries before being allowed to dock in Cambodia
In the UK, all but one of nine people being treated have been discharged from hospital
On Saturday, World Health Organization (WHO) head Tedros Adhanom Ghebreyesus praised Beijing’s response to the outbreak.
“China has bought the world time. We don’t know how much time,” he said. “We’re encouraged that outside China, we have not yet seen widespread community transmission.”
How is China coping?
Tens of millions of Chinese still face heavy restrictions on their day-to-day life as part of the government’s efforts to halt the spread of the disease, which causes a disease named Covid-19.
Much of the response has focused on the hard-hit province of Hubei and its capital Wuhan, where the outbreak began. The city is all but sealed off from the rest of the country.
Foreign Minister Wang Yi said that along with a drop in infections within Hubei there had also been a rapid increase in the number of people who had recovered.
China’s central bank will also disinfect and store used banknotes before recirculating them in a bid to stop the virus spreading.
Media caption Medics in Wuhan resort to shaving their heads in a bid to prevent cross-infection of the coronavirus
In another development Chinese state media published a speech from earlier this month in which Chinese President Xi Jinping said he said he had given instructions on 7 January on containing the outbreak.
At the time, local officials in the city of Wuhan were downplaying the severity of the epidemic.
This would suggest senior leaders were aware of the potential dangers of the virus before the information was made public.
With the government facing criticism for its handling of the outbreak, analysts suggest the disclosure is an attempt to show the party leadership acted decisively from the start.
More than 1,300 people are now known to have died from the virus.
The latest figures show 122 new deaths in China, bringing the toll to 1,381.
The total number of infections has jumped to 63,922 cases, according to the National Health Commission.
The World Health Organization said there was no major shift in the virus’s pattern of mortality or severity, despite a spike in cases in Hubei, the epicentre of the disease, on Tuesday.
Most of this was down to Hubei using a broader definition to diagnose people, said Mike Ryan, head of WHO’s health emergencies programme.
There was also no significant rise in cases outside China, the WHO said.
However, a cruise ship docked in Japan, the Diamond Princess, saw 44 new cases, bringing the total there to 218.
What is the situation with medical workers?
Zeng Yixin, vice minister of China’s National Health Commission, said 1,102 medical workers had been infected in Wuhan, where the outbreak began, and another 400 in other parts of Hubei province.
He said the number of infections among staff was increasing.
Media caption Medics in Wuhan resort to shaving their heads in a bid to prevent cross-infection of the coronavirus
“The duties of medical workers at the front are indeed extremely heavy; their working and resting circumstances are limited, the psychological pressures are great, and the risk of infection is high,” Mr Zeng said, quoted by Reuters.
Local authorities have struggled to provide protective equipment such as respiratory masks, goggles and protective suits in hospitals in the area.
One doctor told AFP news agency that he and 16 colleagues were showing possible symptoms of the virus.
On 7 February the plight of medical workers was highlighted by the death of Li Wenliang, a doctor at Wuhan Central Hospital who had tried to issue the first warning about the virus on 30 December.
Image copyright LI WENLIANGImage caption Li Wenliang contracted the virus while working at Wuhan Central Hospital
He had sent out a warning to fellow medics but police told him to stop “making false comments”.
A wave of anger and grief flooded Chinese social media site Weibo when news of Dr Li’s death broke.
Image copyright AFPImage caption Asian airlines have been hard hit by the virus outbreak
Economic impacts of the virus
Global airline revenue expected to fall by $4bn (£3.1bn) to $5bn this year
China’s car sales likely to fall more than 10% in first half of year, the China Association of Automobile Manufacturers tells Reuters
Singapore’s economy could fall into recession as a result of the outbreak, Prime Minister Lee Hsien Loong says
Malaysian finance minister says a stimulus package will be announced for aviation, retail and tourism industries
What is happening on the Diamond Princess?
The vessel is in quarantine in Yokohama, in southern Japan. Not all the 3,700 people on board have been tested yet.
People with the virus are taken to hospitals on land to be treated, while those on board are largely confined to their cabins.
Image copyright AFPImage caption The Diamond Princess has 3,700 people on board – not all of whom have been tested
However on Thursday Japan said it would allow those aged 80 or over who have tested negative for the coronavirus to disembark.
Health Minister Katsunobu Kato said they could be allowed off the ship as early as Friday but would have to stay in accommodation provided by the government, the Japan Times reported.
Meanwhile another cruise ship – the MS Westerdam, carrying more than 2,000 people – docked in Cambodia after being turned away by ports in Japan, Taiwan, Guam, the Philippines and Thailand despite having no sick patients on board.
Media caption The Westerdam was finally able to dock in Sihanoukville, Cambodia
In other developments:
Outside China there have now been two deaths and 456 cases in 24 countries
Singapore health ministry reports nine new cases, bringing the total number there to 67
Australia has extended its ban on people coming from mainland China for another week, to 22 February
China said it would stagger the return of children to school – several provinces have closed schools until the end of February
In Vietnam, which borders China, thousands of people in villages near the capital, Hanoi, have been put under quarantine after several cases were discovered. Vietnam has now confirmed at least 16 cases
The Red Cross has called for sanctions relief for North Korea, which would allow the aid agency to transfer funds to buy equipment. Testing kits and protective clothing are urgently needed to prepare for a possible outbreak, it says
A Russian woman – who was put into a coronavirus quarantine but escaped – is resisting attempts by officials to bring her back to hospital by force. Alla Ilyina, 32, has been refusing to open the door of her St Petersburg apartment to police
Military medics arrive at Tianhe International Airport in Wuhan, central China’s Hubei Province, Feb. 13, 2020. Ordered by the Central Military Commission, 11 transport aircraft of the People’s Liberation Army Air Force Thursday sent medics and supplies provided by the armed forces to virus-hit Wuhan, capital of Hubei Province. This was the first time for China’s domestically developed large transport aircraft Y-20 to take part in non-military action. It was also the first time for the Air Force to send large and medium transport aircraft on active service to carry out urgent air transport tasks on a large scale. (Xinhua/Li Yun)
WUHAN, Feb. 13 (Xinhua) — Ordered by the Central Military Commission, 11 transport aircraft of the People’s Liberation Army Air Force Thursday sent medics and supplies provided by the armed forces to virus-hit Wuhan, capital of Hubei Province.
This was the first time for China’s domestically developed large transport aircraft Y-20 to take part in non-military action. It was also the first time for the Air Force to send large and medium transport aircraft on active service to carry out urgent air transport tasks on a large scale.
The participation of the Y-20 in this task is an actual test to the strategic delivery capabilities of the Air Force, said Du Baolin, commander of a division in the Air Force that was equipped with the Y-20.
The Y-20 can carry out long-distance air transport tasks under complex meteorological conditions.
Since the outbreak of the COVID-19, the Air Force has sent several batches of medics and supplies to virus-hit areas. Its troops stationed in Hubei, the epicenter of the outbreak, have also taken part in transporting medical equipment and daily necessities.
The Eyes of Darkness features a Chinese military lab in Wuhan that creates a virus as a bioweapon; civilians soon become sick after accidentally contracting it
In fact, the one lab in China able to handle the deadliest viruses is in Wuhan and helped sequence the novel coronavirus the world is currently battling
The Eyes of Darkness, a 1981 thriller by bestselling suspense author Dean Koontz, tells of a Chinese military lab that creates a virus as part of its biological weapons programme. The lab is located in Wuhan, which lends the virus its name, Wuhan-400. A chilling literary coincidence or a case of writer as unwitting prophet?
In The Eyes of Darkness, a grieving mother, Christina Evans, sets out to discover whether her son Danny died on a camping trip or if – as suspicious messages suggest – he is still alive. She eventually tracks him down to a military facility where he is being held after being accidentally contaminated with man-made microorganisms created at the research centre in Wuhan.
If that made the hair on the back of your neck stand up, read this passage from the book: “It was around that time that a Chinese scientist named Li Chen moved to the United States while carrying a floppy disk of data from China’s most important and dangerous new biological weapon of the past decade. They call it Wuhan-400 because it was developed in their RDNA laboratory just outside the city of Wuhan.”
In another strange coincidence, the Wuhan Institute of Virology, which houses China’s only level four biosafety laboratory, the highest-level classification of labs that study the deadliest viruses, is just 32km from the epicentre of the current coronavirus outbreak.
The opening of the maximum-security lab was covered in a 2017 story in the journal Nature, which warned of safety risks in a culture where hierarchy trumps an open culture.
Koontz has written more than 80 novels and 74 works of short fiction. Photo: Douglas Sonders
Fringe conspiracy theories that the coronavirus involved in the current outbreak appears to be man-made and likely escaped from the Wuhan virology lab have been circulated, but have been widely debunked. In fact the lab was one of the first to sequence the coronavirus.
In Koontz’s thriller, the virus is considered the “perfect weapon” because it only affects humans and, since it cannot survive outside the human body for longer than a minute, it does not demand expensive decontamination once a population is wiped out, allowing the victors to roll in and claim a conquered territory.
It’s no exaggeration to call Koontz a prolific writer. His first book, Star Quest, was published in 1968 and he has been churning out suspense fiction at a phenomenal rate since with more than 80 novels and 74 works of short fiction under his belt. The 74-year-old, a devout Catholic, lives in California with his wife. But what are the odds of him so closely predicting the future?
Albert Wan, who runs the Bleak House Books store in San Po Kong, says Wuhan has historically been the site of numerous scientific research facilities, including ones dealing with microbiology and virology. “Smart, savvy writers like Koontz would have known all this and used this bit of factual information to craft a story that is both convincing and unsettling. Hence the Wuhan-400,” says Wan.
British writer Paul French, who specialises in books about China, says many of the elements around viruses in China relate back to the second world war, which may have been a factor in Koontz’s thinking.
The Eyes of Darkness, by Koontz.
“The Japanese definitely did do chemical weapons research in China, which we mostly associate with Unit 731 in Harbin and northern China. But they also stored chemical weapons in Wuhan – which Japan admitted,” says French.
Publisher Pete Spurrier, who runs Hong Kong publishing house Blacksmith Books, muses that for a fiction writer mapping out a thriller about a virus outbreak set in China, Wuhan is a good choice.
“It’s on the Yangtze River that goes east-west; it’s on the high-speed rail [line] that goes north-south; it’s right at the crossroads of transport networks in the centre of the country. Where better to start a fictional epidemic, or indeed a real one?” says Spurrier. (Spurrier works part-time as a subeditor for the Post.)
Albert Wan runs the Bleak House Books store in San Po Kong, Hong Kong.
Hong Kong crime author Chan Ho-kei believes that this kind of “fiction-prophecy” is not uncommon.
“If you look really hard, I bet you can spot prophecies for almost all events. It makes me think about the ‘infinite monkey’ theorem,” he says, referring to the theory that a monkey hitting keys at random on a typewriter keyboard for an infinite amount of time will almost surely type any given text.
“The probability is low, but not impossible.”
British writer Paul French.
Chan points to the 1898 novella Futility, which told the story of a huge ocean liner that sank in the North Atlantic after striking an iceberg. Many uncanny similarities were noted between the fictional ship – called Titan – and the real-life passenger ship RMS Titanic, which sank 14 years later. Following the sinking of the Titanic, the book was reissued with some changes, particularly in the ship’s gross tonnage.
“Fiction writers always try to imagine what the reality would be, so it’s very likely to write something like a prediction. Of course, it’s bizarre when the details collide, but I think it’s just a matter of mathematics,” says Chan.
Many of Koontz’s books have been adapted for television or the big screen, but The Eyes of Darkness never achieved such glory. This bizarre coincidence will thrust it into the spotlight and may see sales of this otherwise forgotten thriller jump.
Hong Kong crime author Chan Ho-kei.
Amazon is currently offering it on Kindle for just US$1. Perhaps, like Futility, it will also be reissued with some updates to make it really echo the current outbreak.
Elderly resident says he can’t recall this happening in his city before, not even during the Cultural Revolution
Outbreak is expected to deal a heavy blow to businesses, especially smaller eateries, with some already forced to close
Like many elderly Chinese in Guangzhou, He Zhijian was shocked when he heard there was a ban on eating in restaurants, as authorities try to curb the spread of the coronavirus.
The 73-year-old has spent his entire life in the southern city, where gathering for dim sum is an important weekly family ritual.
“My wife and I … are used to having dim sum, tea and Cantonese dishes at the local restaurants every week. From memory, this [type of ban] has never happened in Guangzhou before – not even during the Cultural Revolution,” He said, referring to the decade of social and political upheaval from 1966, when food was in short supply.
The ban took effect at 9pm on Wednesday and is part of measures to contain the outbreak of the virus, which causes a disease officially known as Covid-19, and is believed to have started in Wuhan in December. The pneumonia-like illness has so far
Residents can still get takeaway meals in Guangzhou, but they have been encouraged to order online and have them delivered. Photo: He Huifeng
Guangzhou is home to more than 15 million people and a busy trading port, and has been known as China’s most open city since the 1600s. For locals, going to restaurants for yum cha, or “drinking tea”, and dining on dim sum is an important part of the city’s history and culture – a tradition that has been carried through many generations.
“Even in the ‘three years of natural disasters’ [from 1959 to 1961, when China was in the grip of a famine] I remember there were still restaurants open,” He said. “I was really shocked [by the ban]. I guess the epidemic situation must be severe, otherwise Guangzhou definitely wouldn’t introduce this measure.”
China’s Hubei province reports huge spike in coronavirus cases, rising 10-fold from previous day
Many people in Guangzhou and across the country went back to work on Monday after an extended Lunar New Year break – another measure to try to stop the virus from spreading – with the government keen for businesses to return to normal operations.
The ban on dining in applies to restaurants, but employees can continue to have meals at their company canteens. And while residents can still get takeaways from restaurants, they have been encouraged to do this online, and have their meals delivered, rather than collecting their orders.
Group gatherings have also been banned in the city, and according to Nanfang Daily, some 126 banquets that would have involved more than 90,000 people have been cancelled by authorities already. The authorities did not say how long the measures would be in place.
Guangzhou is not the only city in Guangdong province to bring in a ban on dining in restaurants – Futian district in Shenzhen, Xiangzhou in Zhuhai, Foshan and Zhongshan have all taken the same step.
Beijingers gradually return to work as China’s fight against deadly coronavirus continues
In Guangzhou, while residents try to adapt, businesses are expecting to take a hit. One of the city’s top hotels said the virus outbreak could have a severe impact on the industry.
“Now we will focus on promoting takeaways for local customers. They can order our meals through apps providing online takeaway ordering services,” said Fion Liang, director of sales and marketing at The Garden Hotel. “As for guests staying in the hotel we will deliver meals to their rooms.”
To work or not to work: the difficult coronavirus question facing China
13 Feb 2020
She said the outbreak did not have a big impact on the hotel’s business in January, because the situation only became severe at the end of the month.
“The impact was definitely much bigger in February. If the epidemic continues to be severe throughout February, the occupancy rate of our rooms will be in the single digits this month,” Liang said. “[Most] hotels in Guangzhou are in the same situation.”
The outbreak is expected to deal a heavy blow to restaurants in the city, especially smaller eateries, and some have already been forced to close. June Zhao, the owner of dumpling restaurant Xi Xi, decided to shut down on Wednesday – the day the eat-in ban was announced.
Prospects had been good for the restaurant – it also sold books and alcohol in the evenings, and its trendy decor drew a young crowd.
“We had just started making money last winter and we were looking forward to earning more over the Lunar New Year holiday. But then the coronavirus came, our turnover fell to several hundred yuan a day, and we lost hope,” she said. “The new ban makes this situation worse – takeaway is not a good choice for dumplings, especially in winter. The losses will continue if we stay open.”
Coronavirus: major cities given power to seize private property
13 Feb 2020
The ban has also interrupted daily routines. Freelance cameraman Cony Yu, 28, usually spends some of his working day at cafes, but that is no longer possible. “[Now] I don’t have a comfortable place to sit aside from my home – even the parks have all been closed,” Yu said.
China disinfects entire cities to fight coronavirus outbreak, some twice a day
In the southern tech hub of Shenzhen, dining in has also been banned in central Futian district. Zhu Hao, a financial analyst based in the district, has been working from home for a week and ordering takeaway food every day. But he has to collect it from the gate at his residential compound, where security staff check the temperature of anyone entering or leaving.
He is losing patience with the restrictions. “I want to eat out. I want beef hotpot, coconut chicken, Korean barbecue and seafood,” he said.
In other Shenzhen districts, many restaurants and shopping centres have been temporarily closed or can only provide takeaway meals – including fast food chains such as McDonald’s and Starbucks.
Other places have strict rules for customers. At a bread shop, customers must register their ID and phone numbers and have their temperatures checked before they can enter. And for now, all hotpot restaurants have been closed.
Excluded from the World Health Organisation on mainland China’s objections, Taipei said it dealt directly with organisation on outbreak
Beijing and the WHO say they ensured Taiwan was kept up to date with virus developments
Taiwan says it dealt directly with the WHO over the virus outbreak and did not need mainland China’s permission to do so. Photo: Getty Images
Taiwan’s presence at a World Health Organisation (WHO) meeting this week on the coronavirus outbreak that started in mainland China was the result of direct talks between the island and the body, and did not require Beijing’s permission, Taipei
said on Wednesday.
Its exclusion from WHO membership because of Chinese objections has been an increasingly sore point for Taiwan during the outbreak. It complained that it was unable to get timely information from the WHO and accused Beijing of passing incorrect information about Taiwan’s total virus case numbers, which stand at 18.
But in a small diplomatic breakthrough for the island – which mainland China regards as a wayward province – its health experts were this week allowed to attend an online technical meeting on the virus.
The Chinese foreign ministry said that was because Beijing gave approval for Taiwan’s participation. Taiwan foreign ministry spokeswoman Joanne Ou said China was trying to take credit for something it did not deserve.
Coronavirus: Taiwan restricts travellers from Hong Kong and Macau amid outbreak crisis
“The participation of our experts at this WHO forum was an arrangement made by our government and the WHO directly. It did not need China’s approval,” Ou said.
Taiwan’s experts took part in a personal capacity to avoid political disputes, and did not give their nationality when joining the online forum, she said.
Coronavirus: Everything you need to know in a visual explainer
Taiwan’s WHO exclusion became another point of contention between China and the United States last week, after the US ambassador to the UN in Geneva told the WHO’s executive board that the agency should deal directly with Taipei.
Mainland China, which said Beijing adequately represents Taiwan at the WHO, accused the US of a political “hype-up” about the issue.
Beijing and the WHO said they had ensured Taiwan was kept up to date with virus developments and that communication with the island was smooth.
Beijing insists that Taiwan cannot be part of the World Health Organisation as the island is part of “one China”. Photo: AFP
Taipei said that it alone had the right to represent the island’s 23 million people, that it has never been a part of the People’s Republic of China, and that it has no need to be represented by it.
BEIJING/SINGAPORE (Reuters) – China reported on Wednesday its smallest number of coronavirus cases since January, lending weight to a prediction by its top medical adviser for the outbreak to end by April, but a global infectious diseases expert warned of the spread elsewhere.
Financial markets took heart from the outlook of the Chinese official, epidemiologist Zhong Nanshan, who said on Tuesday the number of new cases was falling in some provinces, and forecast the epidemic would peak this month, even as the death toll in China rose to more than 1,100 people.
World stocks, which had seen rounds of sell-offs over the virus, surged to record highs on hopes of a peak in cases. The Dow industrials, S&P 500 and Nasdaq all hit new highs, and Asian shares nudged higher on Wednesday.
But the World Health Organization (WHO) has warned that the epidemic poses a global threat akin to terrorism and one expert coordinating its response said while the outbreak may be peaking at its epicentre in China, it was likely to spread elsewhere in the world, where it had just begun.
RELATED COVERAGE
Chess, squabbles aboard cruise ship cast away by coronavirus fears
Singapore’s DBS evacuates 300 staff after employee contracts coronavirus
See more stories
“It has spread to other places where it’s the beginning of the outbreak,” the official, Dale Fisher, head of the Global Outbreak Alert and Response Network coordinated by the WHO, said in an interview in Singapore.
“In Singapore, we are at the beginning of the outbreak.”
Singapore has reported 47 cases and worry about the spread is growing. Its biggest bank, DBS (DBSM.SI), evacuated 300 staff from its head office on Wednesday after a confirmed coronavirus case in the building.
Hundreds of cases have been reported in dozens of other countries and territories around the world, but only two people have died outside mainland China – one in Hong Kong and another in the Philippines.
WHO chief Tedros Adhanom Ghebreyesus said on Tuesday the world had to “wake up and consider this enemy virus as public enemy number one” and the first vaccine was 18 months away.
In China, total infections have hit 44,653, health officials said, including 2,015 new confirmed cases on Tuesday. That was the lowest daily rise in new cases since Jan. 30.
The number of deaths on the mainland rose by 97 to 1,113 by the end of Tuesday.
But doubts have been aired on social media about how reliable the figures are, after the government last week amended guidelines on the classification of cases.
‘STAY HOPEFUL’
The biggest cluster of cases outside China is aboard the Diamond Princess cruise ship quarantined off Japan’s port of Yokohama, with about 3,700 people on board. Japanese officials on Wednesday said 39 more people had tested positive for the virus, taking the total to 175.
One of the new cases was a quarantine officer.
Thailand said it was barring passengers from another cruise ship, MS Westerdam, from disembarking, the latest country to turn it away amid fears of the coronavirus, despite no confirmed infections on board.
“We try to stay hopeful,” American passenger Angela Jones told Reuters in a video recording. “But each day, that becomes a little bit more difficult, when country after country rejects us.”
Echoing the comparison with the fight against terrorism, China’s state news agency Xinhua said late on Tuesday the epidemic was a “battle that has no gunpowder smoke but must be won”.
The epidemic was a big test of China’s governance and capabilities and some officials were still “dropping the ball” in places where it was most severe, it said, adding: “This is a wake-up call.”
The government of Hubei, the central province at the outbreak’s epicentre, dismissed the provincial health commission’s Communist Party boss, state media said on Tuesday, amid mounting public anger over the crisis.
China’s censors had allowed criticism of local officials but have begun cracking down on reporting of the outbreak, issuing reprimands to tech firms that gave free rein to online speech, Chinese journalists said.
The pathogen has been named COVID-19 – CO for corona, VI for virus, D for disease and 19 for the year it emerged. It is suspected to have come from a market that illegally traded wildlife in Hubei’s capital of Wuhan in December.
The city of 11 million people remains under virtual lockdown as part of China’s unprecedented measures to seal infected regions and limit transmission routes.
Travel restrictions that have paralysed the world’s second-biggest economy have left Wuhan and other Chinese cities resembling ghost towns.
Even if the epidemic ends soon, it has taken a toll of China’s economy, with companies laying off workers and needing loans running into billions of dollars to stay afloat. Supply chains for makers of items from cars to smartphones have broken down.
ANZ Bank said China’s first-quarter growth would probably slow to 3.2% to 4.0%, down from a projection of 5.0%.
The likely slowdown in China could shave 0.1 to 0.2 percentage points off both euro zone and British growth this year, credit rating agency S&P Global estimated.
The decision, which follows a similar move by the US this week, came as the death toll from the outbreak soared to 259
Health officials on Friday confirmed the first cases in the UK after two people tested positive for the virus
A coach carrying British nationals evacuated from Wuhan arrives at the Arrowe Park Hospital in Wirral, near Liverpool in northwest England. Photo: AFP
Britain on Saturday said it was temporarily withdrawing some staff and their families from its diplomatic sites in China, as Beijing struggles to contain the nationwide new
The decision, which follows a similar move by the United States this week, came as the death toll from the outbreak soared to 259 and the total number of cases neared 12,000 within China.
The Sars-like virus has also begun to spread around the world, with more than 100 infections reported in more than 20 countries.
“We are committed to ensuring the safety and well-being of our staff and their families,” a spokesman for the British Foreign Office said.
“We are therefore temporarily withdrawing some UK staff, and their dependents from our embassy and consulates in China.”
He added that Britain’s ambassador in Beijing and staff needed to continue critical work will remain, and that British nationals in China would still have access to constant consular assistance.
The US, which on Friday temporarily banned the entry of foreign nationals, who had travelled to China over the past two weeks, has also made similar changes.
Two people in UK test positive for coronavirus
31 Jan 2020
On Wednesday, it authorised the departure of non-emergency government employees and their family members from its offices in Beijing, Chengdu, Guangzhou, Shanghai, and Shenyang.
And on Friday, it ordered all relatives of staff members under the age of 21 to leave China immediately.
A spokesman for the US Embassy in Beijing said it made the decision “out of an abundance of caution related to logistical disruptions stemming from restricted transportation and overwhelmed hospitals related to the novel coronavirus”.
Coronavirus outbreak: global businesses shut down operations in China
British health officials on Friday confirmed the first cases in the UK, after two members of the same family tested positive for the virus.
One of the two individuals is a student at the University of York, a university spokesman said on Saturday.
Also on Friday, 83 British citizens returned on a UK government-chartered flight from Wuhan, the Chinese city at the centre of the epidemic.
They were immediately taken to a hospital in northwest England for a two-week quarantine.
NEW DELHI (Reuters) – India sought to boost growth in a federal budget on Saturday that raised spending on farms and expressways and offered cuts inpersonal taxes, but the measures fell short of market expectations and battered stocks.
Prime Minister Narendra Modi’s government is grappling with the country’s worst slowdown in a decade, with falling employment, consumption and investment ratcheting up the pressure to revive growth.
The government estimates growth this year to March 31 will slip to 5%, the weakest pace since the global financial crisis of 2008-09. It also warned an expected rebound the following year might entail a blow-out in fiscal deficit targets.
Finance Minister Nirmala Sitharaman, presenting the budget for the financial year beginning April 1, said 2.83 trillion rupees ($39.8 billion) will be allocated toward agriculture and allied activities, up 5.6 percent on the previous year.
RELATED COVERAGE
India raises import taxes in move set to spook some foreign firms
The funds will be deployed to help farmers set up solar power generation units as well as establish a national cold storage system to transport perishables.
Sitharaman also vowed to spend $50.7 billion in coming years on a federal water scheme to address challenges facing one of the world’s most water-stressed nations.
Agriculture accounts for near 15% of India’s $2.8 trillion economy and is a source of livelihood for more than half of the country’s 1.3 billion population.
Sitharaman announced a new personal tax system including cuts for those ready to give up a myriad of tax breaks. She also abolished payment of dividend distribution tax by companies to spur investment.
“People have reposed faith in our economic policy,” Sitharaman said to the thumping of desks in parliament. “This is a budget to boost their income and enhance their purchasing power.”
Opposition parties slammed the budget, saying it had failed to address the slowdown in consumer demand and investment. “The government is in complete denial that the economy faces a grave macro economic challenge,” said former finance minister P. Chidambaram.
But higher government spending has put pressure on public finances, prompting caution from rating agencies. Sitharaman said the fiscal deficit for the current year would widen to 3.8% of GDP, up from 3.3% targeted for the current year.
Gene Fang, associate managing director, sovereign risk at Moody’s, said: “India’s 2020/21 budget highlights the challenges to fiscal consolidation from slower real and nominal growth, which may continue for longer than the government forecasts.”
GOVERNMENT SPENDING
For fiscal 2020/21 Sitharaman set the fiscal deficit at 3.5 percent. Moody’s said India’s government debt is already significantly higher than the average for Baa-rated sovereigns, a product of persistent fiscal deficits.
To help finance government spending, Sitharaman set a target for selling stakes in state firms at 2.1 trillion rupees for 2020/21, more than three times the amount expected this year.
She said the government will sell a part of its holding in state-run Life Insurance Corp, the country’s biggest insurance company.
But many experts said the measures did not go far enough to address the slowdown and structural flaws.
“In a normal scenario this budget would have been considered as good providing tax benefit to the common man, corporate and focus on farmers’ incomes, but the situation required more,” said Vinod Nair, head of research at Geojit Financial Services in Kochi.
Indian shares slid to a more than three-month low after a special trading session on Saturday, dented by what analysts said was a lack of sufficient stimulus measures. The NSE Nifty 50 index .NSEI closed 2.5% lower while the benchmark S&P BSE Sensex .BSESN fell 2.4%
“Markets had very high expectations from the budget … these expectations have not been met,” said Deepak Jasani of HDFC Securities.
The government also announced higher duties on a host of imports from walnuts to phone parts. Taxes on imports of pre-assembled printed circuit boards were raised to 20% from 10% and there were new taxes on mobile phones ringers and display panels in a bid to boost local manufacturing.
In its annual economic report released on Friday the government predicted growth would rebound to 6.0% to 6.5% in the fiscal year beginning April 1.
Some economists say global trade tensions and the outbreak of coronavirus in China pose a new risk to economic recovery by hitting cross-border commerce and supply chains.
China is set to release pork supplies from its central reserves as it moves to tackle soaring prices and shortages caused by an outbreak of swine fever.
A state-backed body will auction 10,000 tonnes of frozen pork from its strategic reserves on Thursday.
China, the world’s biggest producer and consumer of pork, has struggled to control the spread of the disease.
In a bid to stabilise prices, a state-backed group that manages the pork reserves will auction imported frozen pork from countries including Denmark, France, the US and UK.
Only 300 tonnes will be sold to each bidder at the auction.
Pork is used widely in Chinese festivals, and the auction comes as the country prepares to celebrate a week-long national holiday for the 70th anniversary of the People’s Republic of China.
Julian Evans-Pritchard, senior China economist at Capital Economics, said the auction would provide slight relief to the industry but would not do much to contain prices.
“In itself, I don’t think it will be able to prevent pork prices from rising further unless they manage to get the disease under control,” he said.
Beijing created its strategic pork reserve in 2007 but the size of the stockpile is not known.
Capital Economics estimates that at most, the stockpile would hold four days’ worth of pork supplies to feed China.
About 1.2 million pigs have been culled in China in an effort to halt the spread of swine fever since August 2018, according to data from the Food and Agriculture Organization, a UN agency.
In April, Rabobank estimated Chinese pork production would fall by up to 35% this year due to swine fever.
The supply shortage has sent pork prices soaring and has eaten into household incomes.
That poses a fresh challenge for the Chinese economy, which is already facing a slowdown and a trade war between Beijing and Washington.
Image copyright REUTERS
CHINDIA ALERT: You'll be living in their world, very soon 