Archive for ‘World’

10/04/2020

China encourages export goods sales domestically as virus batters global trade

BEIJING (Reuters) – China will promote the sales of export products in domestic markets, as foreign trade faces unprecedented challenges due to the coronavirus pandemic, an assistant commerce minister said on Friday.

As the coronavirus spreads to almost all of China’s trading partners, the world’s second-largest economy is set to reach a grim milestone for full year growth, with the pace of expansion likely to be the slowest since the Cultural Revolution ended in 1976. And, the export sector is facing millions of job losses and factory shutdowns.

“Due to the rapid spread of the epidemic in the world, foreign demand has slumped and the biggest difficulty facing foreign trade companies is the plunge in orders,” said Ren Hongbin, the assistant minister at the Ministry of Commerce.

He said firms across the board have had their orders cancelled or delayed, and new orders are “very hard to sign”.

“The uncertainty about the pandemic has become the biggest uncertainty for foreign trade development.”

Forecasters expect China’s 2020 growth could be nearer the 2.0% mark – the slowest in over 40 years – due to the sweeping impact of the pandemic both at home and overseas. The economy grew 6.1% last year.

China’s overseas shipments fell 17.2% in January-February from the same period a year earlier, marking the steepest fall since February 2019. Imports sank 4% from a year earlier.

Among the government measures to support the sector, China is accelerating efforts to build online trade fairs and guiding exporters to work with e-commerce retailers for sales in domestic markets and coordinating with its trading partners to stabilise supply chains, said Ren.

The Canton Fair, China’s oldest and biggest trade fair due to take place online, will feature live-streaming services for participants, Li Xingqian, another commerce ministry official, told the same briefing. The fair was originally scheduled to begin on April 15, but was postponed due to the coronavirus outbreak.

China is willing to boost trade relations with other countries, including the United States, under the new circumstances, said Ren, adding that Beijing hopes to work together with Washington to promote bilateral trade.

Both countries have been engaged in a near two-year long trade war with tit-for-tat tariffs on each other’s goods, before negotiators called a truce with an interim trade deal in January.

Source: Reuters

05/04/2020

Coronavirus: from China to the US, consumer behaviour radically altered as world retreats into ‘survival mode’

  • The coronavirus pandemic has completely changed patterns of consumer psychology across the world, experts say
  • Complexity of the crisis, the number of variables and its magnitude make a consumer recovery unprecedented and difficult to predict
The coronavirus has caused panic buying around the world as consumers frantically stockpile of goods such as toilet paper, hand sanitisers and masks. Illustration: Brian Wang
The coronavirus has caused panic buying around the world as consumers frantically stockpile of goods such as toilet paper, hand sanitisers and masks. Illustration: Brian Wang

Before the coronavirus crisis began rippling through the global economy, Susan Wang had big plans for 2020.

Not only was she going to buy a new Apple MacBook and iPad, plus a projector so she could host friends for movies at home, but she was set on making a career move.

“I was planning to change my job, but my headhunter told me that all recruitment has been postponed to the second quarter,” said the 27-year-old who works for a British company in Hong Kong.

“Our headquarters in London has a plan for redundancy, too. It is better to save some money in case I get laid off.”

As Covid-19 spreads across the world, sending stock markets reeling and prompting big companies to slash jobs, Wang has become increasingly frugal like scores of other consumers from China to the United States.

She has stopped eating at restaurants and now tries to keep her weekly food bill under HK$500 (US$64), whereas in the past she wouldn’t think twice about spending HK$100 per meal.

Amid mounting uncertainty, the coronavirus pandemic – which has claimed the lives of more than 41,000 people and infected at least 842,000 worldwide – is fundamentally changing consumer behaviour in Asia, Europe and North America.

Consumer experts said the 2009 global financial crisis, the Great Depression that started in 1929 and the September 11 terrorist attacks give some clues about how and when global consumption might recover. But the complexity of this crisis, the number of variables and its magnitude make this consumer recovery unprecedented and difficult to predict, they added.

Coronavirus: What impact will the economic fallout from the Covid-19 pandemic have on you?
“The coronavirus pandemic has completely changed patterns of consumer behaviour all over the world. People are afraid, and when people are afraid, they go into survival mode,” said Jesse Garcia, a Los Angeles-based consumer psychologist, who is also the CEO of market consulting firm My Marketing Auditors.
Hong Kong’s retail sales

plummeted a record 44 per cent in February and those figures are only expected to get worse, with sales forecast to slump between 30 and 40 per cent in the first half of the year, according to the Hong Kong Retail Management Association.

In the US, retail sales dropped by 0.5 per cent in February, even before many states had issued stay-at-home orders to protect the world’s largest economy. The decline was the biggest fall since December 2018.

Experts say non-essential products and services are set to be worst affected by the coronavirus pandemic, while goods and services that can be consumed at home will see a spike in sales.

The coronavirus pandemic has completely changed patterns of consumer behaviour all over the world. People are afraid, and when people are afraid, they go into survival mode – Jesse Garcia

“Online consumer behaviour is frenetic,” said Ross Steinman, a professor of psychology at Widener University in the US state of Pennsylvania. “Consumers are refreshing and refreshing and refreshing websites to secure grocery delivery times, purchase paper towels from their usual big box retailer and scavenge for rice and canned soup from third party sellers on Amazon.

“A pronounced spike in coronavirus cases will only amplify the freneticism.”

So far, one of the biggest shortages for consumers is toilet paper. Television stations across the globe have beamed images of empty supermarket shelves and huge queues as people hoard toilet paper rolls, masks and hand sanitiser.
The frantic stockpiling can be explained by a psychological concept called informational conformity, said Vicki Yeung, associate professor at the Department of Applied Psychology at Lingnan University in Hong Kong.

A pronounced spike in coronavirus cases will only amplify the freneticism – Ross Steinman

“When people lack knowledge and are in an uncertain situation, they tend to follow the group’s behaviour and blindly conform, but once they obtain more information, and digest and process the situation, the panic gradually fades away,” she said.
“During this Covid-19 pandemic, people generally feel jittery and anxious because they feel their sense of control has disappeared.”
Unlike other recent global crises such as the September 11 attacks, the coronavirus is less a one-time sharp shock to the system and more of a rolling source of anxiety that could retreat and resurface repeatedly, consumer behaviour experts said.
This was the pattern with the Black Death plague that hit Europe in 1347 and returned episodically over many years, ultimately killing millions of people.

During this Covid-19 pandemic, people generally feel jittery and anxious because they feel their sense of control has disappeared – Vicki Yeung

“It may be we’ll have to shut down things again in October or August. And this could go on for years,” said Charley Ballard, an economist with Michigan State University in the US. “The more that happens, the more damage it does to buoyant consumer psychology.”

Furthermore, relative to the 2009 financial crisis and even the Great Depression, when much of the damage was concentrated at least initially in the financial sector, this crisis has seen virtually the entire economy grind to a halt all at the same time, devastating employment and consumption.

Last week, a record 3.3 million Americans applied for unemployment benefits within one week, as restaurants, hotels, barber shops, gyms and retail outlets shut down in a nationwide bid to stem the pandemic. The previous record of 695,000 was set in 1982.

On Tuesday, Goldman Sachs predicted the US jobless rate will hit 15 per cent in the second quarter of this year from the coronavirus economic freeze, and could rise further beyond that to near the historic peak of 24.9 per cent seen in 1933 during the Great Depression. Economists at the St. Louis district of the US Federal Reserve projected unemployment could cost as many as 47 million jobs in the US this year, sending the unemployment rate past 32 per cent before making a sharp recovery.

US now has world’s most coronavirus cases, surpassing China
China’s unemployment rate jumped to 6.2 per cent for January and February from 5.2 per cent in December and 5.3 per cent a year earlier. It was the highest level since records began in 2016, but did not include China’s estimated 291 million migrant workers.
Consumer spending accounts for more than 60 per cent of the Chinese economy and drives 70 per cent of the US economy. But with the pandemic causing many people to go into hibernation and likely to lead to cycles of job cuts, economists have predicted a consumer-led global recession by the second quarter of this year.
Just how long it will take for consumer behaviour to return to normal depends on each person’s psychological resilience, including how quickly they can adapt to change, how optimistic they are and whether they can adopt strategies to regain a sense of control, Yeung said.
Anirban Mukhopadhyay, chair professor of marketing at  Hong Kong University of Science and Technology said as long as the coronavirus threat was still present, people would remain fearful to some extent. But he added that people were resilient.
Satellite images show world sites deserted amid coronavirus pandemic
“Human beings adapt to events and stimuli over time,” Mukhopadhyay said. “Research has shown that even people who win lotteries tend to return to their earlier levels of life satisfaction after some months, as do people who have to have amputations.
“So even if the source of the fear does not go away, we learn to live with it.”

Ballard, from Michigan State University, estimated it could take upwards of two years for American consumers to feel secure enough in their jobs and gain enough confidence to fully open their wallets. A longer and more episodic duration for the disease could push that higher, he added.

Further complicating the consumer picture, he said, is that many supply chains are at risk of breaking. And consumers will be wary of spending for a while in many traditional areas, including crowded sporting events and concerts, restaurants and flights.

A new phase of coronavirus blame game: what is the legacy of Covid-19 on global supply chains?
Some experts have even suggested that consumer behaviour may be permanently changed as a result of the pandemic.
“It seems very unlikely that people will get back to life as it was before, once the coronavirus is over,” said Andreas Kappes, a lecturer in psychology at City University of London.
“People’s behaviour is extremely orthodox, often referred to as the status quo bias and captured in expressions like ‘past behaviour best predicts future behaviour.’ Now, the crisis forces us to change our behaviour, radically, and we might discover that new way suits us better.”
Source: SCMP
27/03/2020

U.S. has most coronavirus cases in world, next wave aimed at Louisiana

NEW YORK (Reuters) – The number of U.S. coronavirus infections climbed above 82,000 on Thursday, surpassing the national tallies of China and Italy, as New York, New Orleans and other hot spots faced a surge in hospitalizations and looming shortages of supplies, staff and sick beds.

With medical facilities running low on ventilators and protective masks and hampered by limited diagnostic testing capacity, the U.S. death toll from COVID-19, the respiratory disease caused by the virus, rose beyond 1,200.

“Any scenario that is realistic will overwhelm the capacity of the healthcare system,” New York Governor Andrew Cuomo told a news conference. He described the state’s projected shortfall in ventilators – machines that support the respiration of people have cannot breathe on their own – as “astronomical.”

“It’s not like they have them sitting in the warehouse,” Cuomo added. “There is no stockpile available.”

At least one New York City hospital, New York-Presbyterian/Columbia University Medical Center in Manhattan, has begun a trial of sharing single ventilators between two patients.

While New York was the coronavirus epicenter in the United States this week, the next big wave of infections appeared headed for Louisiana, where demand for ventilators has already doubled. In New Orleans, the state’s biggest city, Mardi Gras celebrations late last month are believed to have fueled the outbreak.

Louisiana Governor John Bel Edwards said New Orleans would be out of ventilators by April 2 and potentially out of bed space by April 7 “if we don’t flatten the infection curve soon.”

“It’s not conjecture, it’s not some flimsy theory,” Edwards told a press conference. “This is what is going to happen.”

About 80% of Louisiana’s intensive care patients are now on breathing machines, up from the normal rate of 30-40%, said Warner Thomas, chief executive of Ochsner Health System, the state’s hospital group.

Scarcities of protective masks, gloves, gowns and eyewear for doctors and nurses – reports abound of healthcare workers recycling old face masks, making their own or even using trash bags to shield themselves – have emerged as a national problem.

“Our nurses across the country do not have the personal protective equipment that is necessary to care for COVID patients, or any of their patients,” Bonnie Castillo, head of the largest U.S. nurses union, National Nurses United, told MSNBC.

In an ominous milestone for the United States as a whole, at least 82,153 people nationwide were infected as of Thursday, according to a Reuters tally from state and local public health agencies. China, where the global pandemic emerged late last year, had the second highest number of cases, 81,285, followed by Italy with 80,539.

At least 1,204 Americans have died from COVID-19, which has proven especially dangerous to the elderly and people with underlying chronic health conditions, Reuters’ tally showed.

MORE BEDS NEEDED

For New York state, Cuomo said a key goal was rapidly to expand the number of available hospital beds from 53,000 to 140,000.

New York hospitals were racing to comply with Cuomo’s directive to increase capacity by at least 50%. At Mount Sinai Hospital’s Upper East Side location, rooms were being constructed within an atrium to open up more space for beds.

At Elmhurst Hospital in New York’s borough of Queens, about a hundred people, many wearing masks with their hoods pulled up, lined up behind barriers outside the emergency room entrance, waiting to enter a tent to be screened for the coronavirus.

The city coroner’s office has posted refrigerated trucks outside Elmhurst and Bellevue Hospital to temporarily store bodies of the deceased.

Deborah White, vice chair of emergency medicine at Jack D. Weiler Hospital in the city’s Bronx borough, said 80% of its emergency room visits were patients with coronavirus-like symptoms.

A ventilator shortfall and surge in hospitalizations has already raised the prospect of rationing healthcare.

Asked about guidelines being drafted on how to allocate ventilators to patients in case of a shortage, New Jersey Governor Phil Murphy told reporters such bioethical discussions “haunted him” but were unavoidable.

Outside New York and New Orleans, other hot spots appeared to be emerging around the country, including Detroit.

Brandon Allen, 48, was buying groceries in Detroit for his 72-year-old mother, who has tested positive and was self-quarantining at home.

“It’s surreal,” Allen said. “People around me I know are dying. I know of a couple people who have died. I know a couple of people who are fighting for their lives. Everyday you hear of another person who has it.”

RECORD UNEMPLOYMENT CLAIMS

Desperate to slow virus transmissions by limiting physical contact among people, state and local governments have issued stay-at-home orders covering about half the U.S. population. A major side effect has been the strangulation of the economy, and a wave of layoffs.

The U.S. Labor Department reported Thursday the number of Americans filing claims for unemployment benefits last week soared to a record of nearly 3.28 million – almost five times the previous weekly peak of 695,000 during the 1982 recession.

Dr. Anthony Fauci, director of the U.S. National Institute of Allergy and Infectious Diseases, said warmer weather may help tamp down the U.S. outbreak as summer approaches, though the virus could re-emerge in the winter.

“We hope we get a respite as we get into April, May and June,” Fauci said on WNYC public radio.

Washington state Governor Jay Inslee said he may extend a stay-at-home order tentatively set to expire April 6, encouraged by what he called a “very modest improvement” in the Seattle area.

Washington experienced the first major U.S. outbreak of COVID-19 and has been among the hardest-hit states. As of Thursday the state reported about 3,200 cases and 147 deaths.

In California’s Coachella Valley, a region rife with retirees who are especially vulnerable, 25 members of the state’s National Guard helped a non-profit distribute food to people stuck in their homes, as most of the regular volunteers are senior citizens.

More than 10,000 troops have been deployed in 50 states to provide humanitarian aid during the pandemic.

Source: Reuters

25/03/2020

Coronavirus: Wuhan to ease lockdown as world battles pandemic

Medical staff clean up the empty hospital after all patients were discharged at Wuchang Fangcang hospital, a temporary hospital set up at Hongshan gymnasium to treat people infected with the coronavirus and Covin-19 disease, in Wuhan, Hubei Province, China, 10 March 2020 (issued 11 March 2020)Image copyright EPA
Image caption Wuhan has been sealed off since mid-January

The lockdown in Wuhan, the Chinese city where the global coronavirus outbreak began, will be partially lifted on 8 April, officials say.

Travel restrictions in the rest of Hubei province, where Wuhan is located, will be lifted from midnight on Tuesday – for residents who are healthy.

A single new case of the virus was reported in Wuhan on Tuesday following almost a week of no reported new cases.

Countries around the world have gone into lockdown or imposed severe curbs.

The UK is getting to grips with sweeping new measures to tackle the spread of coronavirus, including a ban on public gatherings of more than two people and the immediate closure of shops selling non-essential goods.

A person is tested for the Covid-19 virus in Villeurbanne, France (23 March 2020)Image copyright AFP
Image caption The WHO has urged the G20 group of nations to boost production of protective equipment

Meanwhile, health experts say Americans must limit their social interactions or the number of infections will overwhelm the health care system in the US.

Spanish soldiers helping to fight the coronavirus pandemic have found elderly patients in retirement homes abandoned and, in some cases, dead in their beds, the defence ministry has said.

An ice rink in Madrid is to be used as a temporary mortuary for Covid-19 victims.

The World Health Organization (WHO) has warned that the pandemic is accelerating, with more than 300,000 cases now confirmed. It is urging countries to adopt rigorous testing and contact-tracing strategies.

Wuhan has been shut off from the rest of the world since the middle of January. But officials now say anyone who has a “green” code on a widely used smartphone health app will be allowed to leave the city from 8 April.

Earlier, the authorities reported a new case of coronavirus in Wuhan, ending a five-day run of no reported new cases in the city.

Media caption Coronavirus: People in Beijing begin to head outdoors

It comes after health officials there confirmed that they were not counting cases of people who were positive but had not been admitted to hospital or did not show any symptoms of the disease.

Official government figures say there have been 78 new cases reported on the Chinese mainland in the last 24 hours. All but four of them were caused by infected travellers arriving from abroad.

This so-called “second wave” of imported infections is also affecting countries like South Korea and Singapore, which had been successful in stopping the spread of disease in recent weeks.

South Korea has been seeing a drop in its daily tally of new cases. On Tuesday it reported its lowest number since 29 February.

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China looks to repair its reputation

By Robin Brant, BBC News, Shanghai

China considers itself to be – very nearly – a “post corona” country.

In the last week we’ve heard Wuhan medics warning the UK and others that they need to do more to protect frontline health workers, citing the mistakes they made early on when some treated patients without wearing proper protective clothing.

But there’s also been reporting in state media of the reported death toll in Italy surpassing that in China. This has been combined with some commentary from prominent media figures that has appeared distasteful, almost triumphalist.

At the same time there is a panic about the threat of a second wave from imported cases – travellers arriving from abroad. This has fuelled the view – right or wrong – that some other countries aren’t taking the threat seriously because they aren’t doing what China did. (Almost all the cases in Beijing that have been made public are of Chinese nationals returning home).

Meanwhile, well away from senior leaders, there are some high-profile diplomatic figures using international-facing social media to spread theories that the US may have weaponised and dumped the virus in China. Or that Italy had cases that may have been Covid-19 earlier than China. China is sowing seeds of doubt and questioning assumed truths as it looks to repair its reputation.

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Banner image reading 'more about coronavirus'
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What’s the latest from around Asia?

  • Almost all of India with its 1.3bn people is under lockdown. Buses, trains and other forms of public transport are suspended. On Monday, the authorities said domestic flights would also stopped. The country has reported 485 cases and nine people have died. Prime Minister Narendra Modi will address the nation again this evening.
People travel in Central Railway's first air-conditioned EMU local train, on January 30, 2020, in Mumbai, India.Image copyright GETTY IMAGES
Image caption Mumbai’s suburban train network carries eight million passengers a day
  • Neighbouring Pakistan has almost twice as many confirmed cases – 878 as of Monday evening. Sweeping restrictions are in place although the government has stopped short of imposing a nationwide lockdown. However, several provinces have announced them independently. The army is being brought in to help enforce the restrictions.
  • Bangladesh, which has reported 33 cases and three deaths, is also deploying its armed forces to help maintain social distancing and boost Covid-19 preventive measures. The soldiers will also monitor thousands of quarantined expatriate returnees. Across South Asia, there are concerns that the actual number of cases could be much higher than is being reported.
  • Indonesia, which has 49 confirmed Covid-19 deaths – the highest in South-East Asia – has converted an athlete’s village built for the 2018 Asian Games into a makeshift hospital for coronavirus patients. A state of emergency was declared in Jakarta on Monday.
  • In Thailand, a month-long state of emergency which will include curfews and checkpoints will begin on Thursday. The government has been criticised for failing to take strong action so far. Four people have died and nearly 900 tested positive.
  • Talks between the Japanese PM and the International Olympic Committee are expected this evening.
  • The most populous country that was without a case until now – Myanmar – has announced two cases.

Europe’s battle against virus intensifies

UK Prime Minister Boris Johnson announced on Monday night that, with immediate effect, “people will only be allowed to leave their home…for very limited purposes”. They include shopping for basic necessities, taking one form of exercise per day, fulfilling any medical need, or travelling to work if working from home is impossible.

Media caption Reality Check tackles misleading health advice being shared online

The number of people who have died in the UK rose to 335 on Monday.

In Italy, the worst-hit country in the world, the authorities said 602 people with Covid-19 had died in the past 24 hours, bringing the total death toll there to 6,077.

But the daily increase in cases was the smallest since Thursday, raising hope that the stringent restrictions imposed by the government were starting to have an effect.

Spain, however, said on Tuesday that its death toll had risen by 514 to 2,696. Nearly 40,000 are infected, about 5,400 of them healthcare workers.

Source: The BBC

23/03/2020

Coronavirus: ‘strange pneumonia’ seen in Lombardy in November, leading Italian doctor says

  • Virus was circulating ‘before we were aware of the outbreak in China’, says Giuseppe Remuzzi, director of the Mario Negri Institute for Pharmacological Research
  • Italy has now reported more than 4,800 deaths from Covid-19, more than any other country in the world
Italian doctors became aware of a “strange pneumonia” circulating in the Lombardy region in November. Photo: AFP
Italian doctors became aware of a “strange pneumonia” circulating in the Lombardy region in November. Photo: AFP
A “strange pneumonia” was circulating in northern Italy as long ago as November, weeks before doctors were made aware of the novel coronavirus outbreak in China, one of the European country’s leading medical experts said this week.
“They [general practitioners] remember having seen very strange pneumonia, very severe, particularly in old people in December and even November,” Giuseppe Remuzzi, the director of the Mario Negri Institute for Pharmacological Research in Milan, said in an interview with the National Public Radio of the United States.
“This means that the virus was circulating, at least in [the northern region of] Lombardy and before we were aware of this outbreak occurring in China.”
Remuzzi’s comments came as scientists continue to search for the origin of the coronavirus. Chinese respiratory disease expert Zhong Nanshan said earlier that although China was the first to report the pathogen, it was not yet certain where it actually came from.

Remuzzi said it was only recently that he had heard from Italian doctors about the disease, which meant it had existed and been spreading without people’s knowledge.

Despite reporting its first locally transmitted coronavirus infections – in Lombardy – only on February 21 – it had had only imported cases before then – Italy has since had more than 53,000 confirmed cases and 4,825 deaths from Covid-19, the disease caused by the pathogen. By comparison, China has had just over 81,000 cases and 3,261 fatalities.

Italy suspended all flights to China on January 31, the first nation to do so.

Coronavirus vaccine trial volunteers recount their experiences

22 Mar 2020
In the central China city of Wuhan, where the epidemic was first identified, doctors began noticing a “pneumonia with an unknown cause” in December. The first known infection in the city can be traced back to December 1.
A report by the South China Morning Post said that the first Chinese case might have been as early as mid-November, but that has not been confirmed by Beijing.

The current thinking among the scientific community is that the first infection in Lombardy was the result of an Italian coming into contact with a Chinese person in late January. However, if it can be shown that the novel coronavirus – officially known as SARS-CoV-2 – was in circulation in Italy in November, then that theory would be turned on its head.

The debate over the possible origin of the pathogen has also been at the heart of a war of words between Beijing and Washington, with US President Donald Trump repeatedly referring to it as the “Chinese virus” and US Secretary of State Mike Pompeo calling it the “Wuhan virus”, infuriating Beijing in the process.
Chinese foreign ministry spokesman Zhao Lijian took to Twitter to contest the claims.

“By calling it ‘China virus’ and thus suggesting its origin without any supporting facts or evidence, some media clearly want China to take the blame, and their ulterior motives are laid bare,” he said.

He then went on to suggest that the coronavirus outbreak might have started in the United States and been carried to Wuhan by the US Army.

Source: SCMP

19/03/2020

Commentary: China’s zero increase in coronavirus infection a positive sign for world

BEIJING, March 19 (Xinhua) — China’s report of no new local infections of the novel coronavirus in the mainland for the first time is a positive sign amid the news of sharply increasing infections worldwide.

No new infections of the novel coronavirus were reported Wednesday in Wuhan, the epicenter of the outbreak, and Hubei Province. The Chinese mainland reported 34 new confirmed COVID-19 cases, however, all were imported from overseas.

The progress highlights China’s continually improving trend in its prevention and control of COVID-19 despite a growing challenge of imported cases from abroad. It shows China’s tactics and methods in controlling the virus have continued to deliver positive results.

With a unified and highly efficient command system, the country has launched a people’s war against the epidemic featuring full mobilization, transparency, timely activation and adjustment of response levels by provinces, a model of early detection, reporting, isolation and treatment and orderly resumption of production with targeted preventive moves.

In less than two months, China has efficiently contained the spread of the deadly virus with unprecedented measures including the lockdown of Wuhan and mobilization of medical resources nationwide. The 1.4 billion people have pulled together as one to tackle the tough task.

The measures that China has adopted are law-based, scientific and well-targeted. The country has given play to its technological strength to rapidly identify the virus, advance vaccine development and raise testing capacities in a very short time.

The epidemic situation both in and outside China remains complex and severe. The Chinese mainland still had 7,263 COVID-19 patients in hospitals as of Wednesday. The world faces a vital fight against the pandemic as the number of infections in other countries has exceeded 110,000, outnumbering that of China.

As a community with a shared future, the globe needs more solidarity, communication, responsibility and action than ever. What China has done can serve as a reference for those who are confronting the urgent and grave global pandemic.

China has bought the world time by containing the virus. As the country vows to prevent a reversal of the positive trend and clinch a complete victory over the epidemic, it will continue working closely with others and contribute more to the global fight via sharing experience and information and providing help to those in need.

Source: Xinhua

14/02/2020

U.S., China, Russia making world more dangerous – German president

MUNICH (Reuters) – Germany’s president took an indirect swipe at U.S. President Donald Trump on Friday in accusing Washington, China and Russia of stoking global mistrust and insecurity with a “great powers” competition” that could threaten a new nuclear arms race.

In opening remarks at the annual Munich Security Conference, German President Frank-Walter Steinmeier deplored the three big powers’ approach to global affairs and, without naming Trump, took issue with his vow to “make America great again”.

“‘Great again’ – even at the expense of neighbours and partners,” quipped Steinmeier, a former Social Democrat foreign minister whose comments on foreign policy carry authority.

As foreign minister in 2014, he was central to the so-called “Munich consensus” when German leaders said Berlin was ready to assume more responsibility in global affairs. Steinmeier pressed that point again on Friday, but not before bemoaning the foreign policy approaches of Russia, China and the United States.

“Russia…has made military force and the violent shifting of borders on the European continent the means of politics once again,” he said in the text of a speech for delivery at the opening of the conference.

“China…accepts international law only selectively where it does not run counter to its own interests,” Steinmeier said.

“And our closest ally, the United States of America, under the present administration itself, rejects the idea of an international community.”

The upshot is “more mistrust, more armament, less security…all the way to a new nuclear arms race,” he said.

In response, he said, Germany should raise defence spending to contribute more to European security and to maintain its alliance with the United States, recognising that U.S. interests were gravitating away from Europe toward Asia.

He also called for a European policy towards Russia “that is not limited to condemning statements and sanctions alone”.

Europe, he added, “must find its own balance with China between intensifying competition between systems and the need for cooperation.”

Source: Reuters

06/10/2019

Xinhua Headlines: China’s Greater Bay Area busy laying foundation for innovation

As China aims to develop its Greater Bay Area into an international innovation and technology hub, innovation and entrepreneurship resources are shared in the area to provide more opportunities for young Hong Kong and Macao entrepreneurs.

The provincial government of Guangdong has stepped up efforts to improve basic research capability, considered the backbone of an international innovation and technology hub, by building large scientific installations and launching provincial labs.

by Xinhua writers Liu Yiwei, Quan Xiaoshu, Wang Pan, Jing Huaiqiao

GUANGZHOU, Oct. 5 (Xinhua) — Hong Kong man Andy Ng was surprised his shared workspace Timetable was rented out completely only six months after it had started operation in Guangzhou, capital of south China’s Guangdong Province.

While studying economics at City University of Hong Kong, Ng set up his first business, developing an online education platform, but soon realized the Hong Kong market was too small. After earning a master’s degree in the UK in 2017, Ng returned to China and chose Guangzhou as his new base.

Timetable is now accumulating popularity and even fans in Dianping.com, China’s major online consumer guide. Ng feels lucky that his business caught the implementation of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) development plan.

The bay area, covering 56,000 square km, comprises Hong Kong and Macao, as well as nine cities in Guangdong. It had a combined population of about 70 million at the end of 2017, and is one of the most open and dynamic regions in China.

Aerial photo taken on July 11, 2018 shows the Hong Kong-Zhuhai-Macao Bridge in south China. (Xinhua/Liang Xu)

In July 2017, a framework agreement on the development of the bay area was signed. On February 18 this year, China issued the more specific Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area. One of its major aims is to develop the area into an international innovation and technology hub.

OPPORTUNITIES FOR YOUTH

The plan proposes that innovation and entrepreneurship resources be shared in the bay area to provide more opportunities for young Hong Kong and Macao entrepreneurs.

An incubator for entrepreneurship, Timetable is home to 52 companies, including 15 from Hong Kong and Macao, such as Redspots, a virtual reality company that won the Hong Kong Information and Communications Technology (ICT) Awards 2019.

“I persuaded them one by one to come here,” Ng said. “I told them of my own experience that the GBA is a great stage for starting a business with ever-upgrading technologies, ever-changing consumer tastes and a population 10 times that of Hong Kong.”

Timetable is a startup base of the Guangzhou Tianhe Hong Kong and Macao Youth Association, which has assisted 65 enterprises founded by Hong Kong and Macao young people since its establishment in October 2017.

The association and its four bases provide a package of services from training and registering to policy and legal consultation, said Chen Jingzhan, one of the association founders.

Tong Yat, a young Macao man who teaches children programming, is grateful the association encouraged him to come to Guangdong, where young people enjoy more preferential policies to start their own businesses.

“The GBA development not only benefits us, but paves the way for the next generation,” Tong said. “If one of my students were to become a tech tycoon in the future and tell others that his first science and technology teacher was me, I would think it all worthwhile.”

In the first quarter of this year, there were more than 980 science and technology business incubators in Guangdong, including more than 50 for young people from Hong Kong and Macao, said Wu Hanrong, an official with the Department of Science and Technology of Guangdong Province.

INNOVATION HIGHLAND

As the young entrepreneurs create a bustling innovative atmosphere, the Guangdong government has stepped up efforts to improve basic research capability, considered the backbone of an international innovation and technology hub, by building large scientific installations and launching provincial labs.

Several large scientific facilities have settled in Guangdong. China Spallation Neutron Source (CSNS) operates in Dongguan City; a neutrino observatory is under construction in Jiangmen City; a high intensity heavy-ion accelerator is being built in Huizhou City.

Aerial photo taken on June 23, 2019 shows the construction site of the Jiangmen Underground Neutrino Observatory (JUNO) in Jiangmen, south China’s Guangdong Province. (Xinhua/Liu Dawei)

Guangdong also plans to build about 10 provincial labs, covering regenerative medicine, materials, advanced manufacturing, next-generation network communications, chemical and fine chemicals, marine research and other areas, said Zhang Yan, of the provincial department of science and technology.

Unlike traditional universities or research institutions, the provincial labs enjoy a high degree of autonomy in policy and spending. A market-oriented salary system allows them to recruit talent from all over the world, and researchers from other domestic organizations can work for the laboratories without giving up their original jobs, Zhang said.

The labs are also open to professionals from Hong Kong and Macao. Research teams from the universities of the two special administrative regions have been involved in many of the key programs, Zhang said.

For example, the provincial lab of regenerative medicine and health has jointly established a regenerative medicine research institute with the Chinese University of Hong Kong, a heart research center with the University of Hong Kong, and a neuroscience research center with the Hong Kong University of Science and Technology (HKUST).

Photo taken on July 24, 2019 shows a rapid cycling synchrotron at the China Spallation Neutron Source (CSNS) in Dongguan, south China’s Guangdong Province. (Xinhua/Liu Dawei)

Guangdong has been trying to break down institutional barriers to help cooperation, encouraging Hong Kong and Macao research institutions to participate in provincial research programs, exploring the cross-border use of provincial government-sponsored research funds, and shielding Hong Kong researchers in Guangdong from higher mainland taxes.

NANSHA FOCUS

Located at the center of the bay area, Guangzhou’s Nansha District is designed as the national economic and technological development zone and national free trade zone, and is an important pivot in building the area into an international innovation and technology hub.

The construction of a science park covering about 200 hectares started on Sept. 26. Gong Shangyun, an official with the Nansha government, said the park will be completed in 2022.

Jointly built by the Guangzhou government and the Chinese Academy of Sciences (CAS), the science park will accommodate CAS research institutes from around Guangzhou, including the South China Sea Institute of Oceanology, the South China Botanical Garden (SCBG) and the Guangzhou Institute of Energy Conversion.

Ren Hai, director of the SCBG, is looking forward to expanding the research platforms in Nansha. “We will build a new economic plant platform serving the green development of the Pearl River Delta, a new botanical garden open to the public, and promote the establishment of the GBA botanical garden union.”

Wang Ying, a researcher with the SCBG, said the union will help deepen the long cooperation among its members and improve scientific research, science popularization and ecological protection. “Predecessors of our botanical garden have helped the Hong Kong and Macao counterparts gradually establish their regional flora since the 1950s and 1960s.”

HKUST also started to build a new campus in Nansha the same day as the science park broke ground. “Located next to the high-speed rail station, the Guangzhou campus is only a 30-minute journey from the Hong Kong campus. A delegation from the HKUST once paid a visit to the site and found it very convenient to work here,” Gong said.

Chief Executive of the Hong Kong Special Administrative Region (HKSAR) Carrie Lam hoped the new campus would help create a new chapter for the exchanges and cooperation on higher education between Guangzhou and Hong Kong, and cultivate more talents with innovative capabilities.

Nansha’s layout is a miniature of the provincial blueprint for an emerging international innovation and technology hub.

“We are seeking partnership with other leading domestic research institutions and encouraging universities from Hong Kong and Macao to set up R&D institutions in Guangdong,” said Zhang Kaisheng, an official with the provincial department of science and technology.

“We are much busier now, because research institutes at home and abroad come to talk about collaboration every week. The GBA is a rising attraction to global scientific researchers,” Zhang said.

Source: Xinhua

04/10/2019

Have scientists discovered why China is so rich in rare earth elements the world’s smartphones need?

Chinese geologists think they have formula that could help to increase control of market in the elements hi-tech industries depend upon

  • Simple combination of clay mined for porcelain production, granite bedrock and acid rain could point to lucrative sources of rare earths
China has 80 per cent of the reserves of rare earth elements the world needs to keep talking on its smartphones, and geologists in Guangzhou think they know why. Photo: EPA
China has 80 per cent of the reserves of rare earth elements the world needs to keep talking on its smartphones, and geologists in Guangzhou think they know why. Photo: EPA
Geologists in southern China say they have isolated a series of critical factors that could make it easier to find rare earth elements used in hi-tech consumer goods such as smartphones.
China has more than 80 per cent of the world’s reserves of heavy rare earths such as terbium, dysprosium and holmium concentrated in a few provinces to the south of the country.
The reason for the concentration is one of the biggest puzzles in geology, but researchers at the Guangzhou Institute of Geochemistry in Guangdong province say the answer may be found in a combination of clay deposits, acid rain and granite that is distinctive to southern China.

Professor He Hongping and his colleagues came to the conclusion by testing the interaction between rare earths and different types of clay. Through their research they found that kaolinite – or china clay – was the best at absorbing rare earths from water.

The clay, named after Gaoling village near Jingdezhen, a centuries-old ceramic production centre in east China’s Jiangxi province, is a raw material for porcelain production.

While kaolinite is found in many countries, those places do not have rare earth deposits – probably because of the lack of acid rain, He said.

“You need the right environment.”

He said that rocks that contained tiny amounts of rare earth elements weathered faster in an acid environment, but the acidity could not be too high or the rare earth might run off before it could be captured by the clay.

Why Beijing cut tax rate on rare earths amid trade war

Rainwater with the right natural acidity often occurred in areas around 20 degrees latitude, such as southern China, he said.

The last step was to locate the source rock. Granite formed in volcanic eruptions between 100 million and 200 million years ago is considered to be the main source of rare earths.

He said that part of the Pacific tectonic plate containing rare elements might have been forced under the Eurasian Plate and was pushed to the surface as magma that formed rocks.

Other countries could learn from the Chinese experience, said He, whose team submitted their findings to the research journal Chemical Geology.

Recent discoveries in Vietnam, Australia and North Carolina in the United States conformed to the Guangzhou team’s theory, but there was still more research to do, he said.

“Rare earth deposits are quite unlike minerals such as copper. Sometimes they occur in this mountain but not in another nearby with almost the same geological features.

Sometimes they occur in one half of the mountain but not in the other.”

With China and the US engaged in a trade war, and Beijing cutting taxes on mining companies looking for these elements, the pressure was on to unlock the secrets of China’s abundant rare earth deposits, he said.

Does China’s dominance in rare earths hold leverage in trade war?

Dr Huang Fan, associate researcher with the China Geological Survey, said the Guangzhou discovery would help geologists to find more rare earths.

Most rare earth mines were located along the borders between provinces such as Guangdong and Jiangxi, but recently there were discoveries on a plateau in Yunnan province, where few geologists believed rare earths could be found, he said.

“There are many more rare earth deposits out there waiting for us.”

Source: SCMP

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