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China bets they have beaten the pandemic : Comments
By Michael Knox, published 5/5/2020The Chinese economy is almost back to full production, based on the view that they have already overcome the pandemic.
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Posted by loudmouth2, Tuesday, 5 May 2020 11:11:33 AM
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What they want us to know and the facts, may be two very different stories?
I can believe that the leadership values human life so cheaply as to be able to spend 15 or more million? If that suits long term ambitions or the preferred political narrative! As for ramped up manufacturing? Judge it by the smog index! And the volume of raw imports, i.e., iron ore and metallurgical and thermal coal? Other than that, trust but watch! Alan B. Posted by Alan B., Tuesday, 5 May 2020 11:35:08 AM
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Who to believe on COVID spread and deaths in China ? :
- Xi's Communist Party - or what may be a Trump mouthpiece, the Washington, D.C. based American Enterprise Institute, which pushes a democratic capitalism, limited government, private enterprise agenda. The AEI is closely associated with conservatism and neo-conservatism, although it is officially non-partisan. http://en.wikipedia.org/wiki/American_Enterprise_Institute . Posted by plantagenet, Tuesday, 5 May 2020 11:35:24 AM
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You can bet your bottom dollar that the CCP will be doing its level best to make the most of the crippling results their virus have had on the rest of the world.
I wouldn't put any money on our own mutts. Posted by ttbn, Tuesday, 5 May 2020 12:06:23 PM
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Previously electricity consumption was a good parameter for economic
production. However it was used to a large extent by finance writers so the Chinese now probably being aware will fiddle the consumption figures. However the smog index would be good for heavy industry and hard to fiddle. Perhaps traffic analysis in industrial areas by satellite might be useful. Posted by Bazz, Tuesday, 5 May 2020 12:18:20 PM
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LOUDmouth,
You speak like a true believer of the one belt one road initiative. For myself I want to know if China is prepared to compensate the rest pf the world for the damage and loss of life its Wuhan bat soup virus has caused. Posted by Mr Opinion, Tuesday, 5 May 2020 4:23:08 PM
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Of course, countries with far less competent administrations, such as the UK and the US, will still be outside that healthy and active economic zone perhaps well into next year.
Joe