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.
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.
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.
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.
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.
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.
New Jersey-based insulin pump maker Valeritas has filed for Chapter 11 bankruptcy, listing novel coronavirus pneumonia (COVID-19) as an uncertainty.
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.
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.
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.
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.
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.
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.
As fears of the novel coronavirus (2019-nCoV) are putting China's overseas investment and engineering projects under great pressure and uncertainties, efforts from both home and abroad are essential to strengthen cooperation and communication to pull through these difficult times.
Despite the signing of the phase one trade deal, US pressure on Chinese technology companies including Huawei has not lifted. The US Commerce Department sent regulations to the Office of Management and Budget that would restrict US companies' sales to Huawei from their overseas facilities, according to a Wall Street Journal report citing people familiar with the matter.
Anxiety has risen following confirmation that a deadly coronavirus originating in Wuhan, capital of Central China's Hubei Province, can be transmitted human-to-human. People in the city with plans to travel abroad are advised to cancel their trips during the upcoming Spring Festival.
Marco Rubio, the US senator behind the anti-China legislation on Xinjiang and Hong Kong, has lately taken another wrong step with his op-ed piece in The New York Times on Friday where he criticized, on unreasonable grounds, the financial services section of the phase one trade deal signed between China and the US.
China has made interim progress in preventing and resolving major financial risks. But potential risks may continue to be exposed. We need to form a deeper understanding of the causes.