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China should consider 4% fiscal deficit target to cushion virus impact

To cushion the economic impact of the coronavirus epidemic and maintain relatively fast growth in 2020, China should pursue more aggressive fiscal policies coupled with more relaxed monetary policies. The country should consider proposing an annual fiscal deficit target of 4 percent of the gross domestic product (GDP) and increasing its infrastructure investments.
Source: Global Times | 2020/2/21 16:07:41

Virus to move China up global healthcare supply chain

Combating novel coronavirus pneumonia (COVID-19) could trigger an earth-shaking change in the world's healthcare industry supply chain. China is set to expand its supply chain in the healthcare industry.
Source: Global Times | 2020/2/20 22:48:40

Japan must act decisively to halt virus spread, or Asian supply chain will shatter

Fear and overreaction over the spread of a deadly coronavirus may inflame a new wave of protectionism as some countries mull import bans on Chinese products. As the virus threatens to spread through Japan, Tokyo should spare no effort, regardless of the cost, to stop the spread before any protectionist measures are introduced, otherwise the whole industrial chain in Asia may suffer a deadly blow.
Source: Global Times | 2020/2/19 21:33:41

Flu outbreak reveals US' true colors

While people in China and around the world are actively cooperating to combat the novel coronavirus pneumonia (COVID-19) outbreak, some US politicians and media are making accusations against China, questioning the effectiveness of its response to the epidemic. However, the US sees frequent outbursts of influenza, and its government not only reacts with extremely low efficiency but also remains silent. The contrast has revealed a US double standard.
Source: Global Times | 2020/2/19 13:19:11

China to manage reasonable growth despite virus

China is unlikely to change its economic targets and aims keep growing within a reasonable range this year. The country's macro policy direction for the year is unlikely to change either, despite a potentially delayed national "two sessions" amid the fight against novel coronavirus pneumonia (COVID-19).
Source: Global Times | 2020/2/18 19:58:40

Ripe moment for China to resume economic activities

As the coronavirus epidemic remains a challenge in parts of China, indicators concerning the outbreak and a recent shift in government priorities suggest the world's second-largest economy is ready to reignite its engine full steam ahead after a multi-week standstill.
Source: Global Times | 2020/2/17 22:03:40

US politicians aim to turn COVID-19 combat into political war against China 'vicious'

Some US politicians, including Rick Scott, are trying to turn a public health disaster that nations should face together into a political war against China.
Source: Global Times - AFP | 2020/2/16 23:38:40

Before seeing the coronavirus off, China needs to keep loose financial policy

Despite the fallout from the relentless assault of COVID-19, the deadly novel coronavirus pneumonia, China's equities market has been boisterous lately with rising indexes and amassing capital input as investors are elated to see strong financial and fiscal policy support from top decision-makers.
Source: Global Times | 2020/2/16 17:33:40

US' WHO funding cut plan amid epidemic exposes lack of responsibility

Just as the world is combating the novel coronavirus pneumonia (COVID-19), Ebola and locust plague in Africa, the US government seeks to halve its funding for the World Health Organization (WHO). It's selfish and indifferent moves once again clearly exposes a severe lack of international responsibility.
Source: Global Times | 2020/2/16 14:02:33

Economic turning point to appear in March despite coronavirus

The sudden shock of the novel coronavirus pneumonia (COVID-19) has put great impact on the Chinese economy. Many have worried, or even doubt if China can accomplish its economic goal this year. I believe as long as companies resume production and projects are carried out while containing the spread of the virus, the Chinese economy will see recovery soon. The economic turning point will come at the end of March.
Source: Global Times | 2020/2/16 12:56:01

US senator's WHO request is all about politics

US Senator Rick Scott earlier this week sent a letter to the World Health Organization (WHO), requesting an "independent analysis" of the novel coronavirus pneumonia (COVID-19) outbreak in China and questioning the safety of Chinese products. His biased views will not stand up to criticism and are nothing but political posturing.
Source: Global Times | 2020/2/13 20:58:43

US should not fan fear in the global economy by faulting China

New Jersey-based insulin pump maker Valeritas has filed for Chapter 11 bankruptcy, listing novel coronavirus pneumonia (COVID-19) as an uncertainty.
Source: Global Times | 2020/2/12 19:53:40

Fearmongering against China more dangerous to global economy than coronavirus

After weeks of attempting to sow chaos and spread fear about the outbreak of the deadly novel coronavirus in China, some media outlets and individuals have shifted focus to another battlefield - the Chinese economy. The shift comes as Chinese officials have moved swiftly to minimize the potential blow to growth from the epidemic.
Source: Global Times | 2020/2/11 23:33:47

China, India can cooperate to repair economic woes amid virus outbreak

India on Saturday adopted harsh measures barring foreigners who have been to China since January 15 from entering the country via air, land or sea, according to a report by the Times of India.
Source: Global Times | 2020/2/10 21:21:23

Safety of workers top priority as business restarts

Assuring signs appear to emerge as the numbers of newly infected novel coronavirus pneumonia (NCP) patients and suspected cases have both been dropping from February 7. But now is not the time for the public and the medics fighting on the frontlines to slack.
Source: Global Times | 2020/2/9 22:47:26

Protectionism shouldn't be a distraction in fight against coronavirus

As the outbreak of the novel coronavirus (2019-nCoV) rattles the Chinese economy, globalization is also expected to face an unprecedented test from the sudden shutdown of the world's factory.
Source: Global Times | 2020/2/6 14:42:14

CPEC won't be affected by coronavirus

The ongoing coronavirus outbreak in China and cases found overseas have triggered concerns over whether the China-Pakistan Economic Corridor (CPEC) project will be affected or stalled. The two countries should now work hand-in-hand to safeguard the smooth implementation of the CPEC.
Source: Global Times | 2020/2/5 21:30:56

China's Q1 GDP won't drop below 5% despite coronavirus

Although the novel coronavirus will cause a drop in China's first quarter economic growth, the impact can be controlled, with the GDP growth rate expected to stay above 5 percent in the first quarter of 2020. The country's economic growth rate is likely to remain robust at 6 percent for the year.
Source: Global Times | 2020/2/4 0:07:41