Global trading system must be maintained amid COVID-19 pandemic
While China has taken the lead in reining in the coronavirus pandemic and is steering toward restoring normalcy, the global spread of the virus is escalating day by day.
Hantavirus shows need for cooperation in public health
The death of a Chinese worker from the hantavirus has sparked wide attention, especially overseas. The virus poses very low risks, but, amid the coronavirus pandemic, it's a signal that developing countries, such as China and India, should invest together and cooperate in the public health field.
Pandemic calls for global coordination on daily necessities
Facing an escalating coronavirus threat, some countries have imposed harsh lockdowns and border controls, which may cause shortages of daily necessities due to incomplete industrial chains. A global coordination mechanism covering basic necessities among countries is imperative.
India could use Chinese help to ease virus economic woes
India is reportedly locking down large swaths of the country. Such hard-core moves have merit and will effectively counter the growing threat of the coronavirus pandemic. But India's economic revival after the pandemic should be prepared in advance. China can play an active role in this process.
Trump administration needs to address coronavirus head on
During a big crisis, like the raging novel coronavirus pandemic the world is now facing, a country calls for strong and no-nonsense leadership. But apparently, Donald Trump is not that leader.
China covers coronavirus medical bills for citizens; now it's US' turn
What are the most serious challenges of preventing and controlling the coronavirus in Beijing and Washington? The key is whether China and the US can ensure timely and effective treatment of the four types of people: low or no income and low or no medical insurance.
West's weak policies may hurt lower income people
Inefficient responses from Western countries to the coronavirus pandemic will eventually cost their middle and lower classes. Many Western media that used to side with biased politicians attacking China now admit the incompetence of their own governments.
India must not fall into the same trap as the West
The Indian economy is already expected to slow further this year, and the threat of the coronavirus could add extra pressure. Western countries like the US have shown, the biggest threat is ignorance and unpreparedness. India must be wary of the risks and fully prepared.
Fed focuses on short term, disregards long-term effects
The US Federal Reserve (Fed) on Sunday announced an interest rate cut and quantitative easing (QE) program, which shocked global markets.
US COVID-19 emergency plan not too late
US President Donald Trump recently declared a national emergency in response to the novel coronavirus (COVID-19) during a White House press conference. The widely expected move to prevent the spread of the virus in the country invoked powers granted under the Stafford Act to allow substantially increased federal aid to states and local governments.
Unity can ease medical supply shortages in the world
As #COVID-19 spreads across the world, nations should together devise an emergency coordination mechanism to remove transportation barriers to solve the shortage of medical supplies in countries that need them most.
China's 6 pct growth goal for 2020 remains the same
Since the outbreak of the novel coronavirus (COVID-19), media have expressed concern over the Chinese economy. COVID-19 may impact the domestic economy, but its fundamentals will remain unchanged. The engines that drive the domestic economy are just as powerful before the outbreak. The country will not have a problem achieving a 6 percent GDP growth in 2020.
Herding an economic revival tentatively, cautiously
It is heartening to see that the ferocious spread of the coronavirus has been effectively contained in China, which has been evidenced by the single-digit daily new infections in the worst-hit city of Wuhan. Other provinces and cities in the country have largely been cleared of the disease.
Trump's speech reveals serious risks for US, global economy
After the coronavirus rapidly spread across his country, US President Donald Trump on Wednesday night delivered a rare national address to reassure the US public and calm skittish financial markets. But the roughly 10-minute speech was anything but reassuring and calming.
China not interested in 'mask diplomacy' amid COVID-19 crisis
As the world continues to grapple with the fast-spreading coronavirus and desperately searches for supplies of essential protective gear and medical treatment equipment, some in the West are seeking to bring geopolitics into the equation.
A bearish US stock market could be temporary
The US economy is highly dependent on the stock market. The bearish US stock market may be temporary, which needs to be closely watched. However, if the US stock market keeps sliding down, the impact on the US economy could be huge, sending jitters to the world economy.
Energy price drop a good opportunity for China to fulfill trade deal with the US
Oil prices have experienced an unexpected decline in 2020, a year that has undoubtedly gotten off to a bumpy start. The sudden and steep fall in oil prices may offer opportunities for energy importers to stock up resources, and for China to fulfill its energy purchase commitment to the US outlined in the phase one trade deal.
It's opportune time for China to liberalize currency
Making China's yuan availability easier to worldwide investors, the currency is more likely to become a global reserve tender at an earlier date, which will help the country and the world a lot. And now is the "time window."