Coronavirus Will Have Lasting Impact on China

by TheProdigalS0n

China is done for 2020. The Chinese government is publicly stating that there are over 35,000 confirmed infections/cases (which cannot be trusted). Boots on the ground are saying the real number of infected is much higher (with some even claiming the figure is 1.5 million infected with countless diseased bodies being cremated daily which may well just be FUD). It is without question that there are between 140-250 million Chinese citizens currently sequestered in their homes in quarantined cities and large swaths of the country are ghost towns on lockdown with nothing coming in or out. I tend to split the difference between good/bad news, but the trending news from China has not been giving me any comfort.

Every time positive news breaks (e.g. Chinese factories reopening on the 10th, number of infected in Wuhan has already peaked, disease only fatal to elderly and babies, mortality rate of infected projected to be 2%, infection survivors build lasting antibodies to combat re-infection, etc.) it is inevitably followed by reversals (e.g. factories to “voluntarily” remain closed until March 1st, Wuhan infections based on “current data” projected to peak at least two weeks out, Chinese companies attempting to cancel commodities contracts, disease affects young and healthy alike, mortality rate of infected projected to be 5%-25% and requiring non-stop oxygen supply for 2 weeks, reinfection rate high as no lasting antibodies remain after infection to combat virus, etc.). This situation is by no means contained and is still developing in real time.

Chinese Government Tells Businesses To “Voluntarily” Stay Closed Until March 1st Or Face Severe Punishment

Reuters – Global Firms’ Insurance Coverage Does Not Cover Losses From Virus

Financial Times: Energy Braces For 25% Drop in Chinese Demand

Epoch Times: Virus Survives Airborne For 5 Days

Video: China’s Public Numbers Cannot Be Trusted

Bloomberg: China Sacrifices An Entire Province In Effort To Contain Virus

NY Post: China Admits Defeat And Finally Accepts Foreign Aid To Contain Virus

NY Times : China Delayed Virus Response For 3 Weeks

Daily Mail: Chinese KFC Worker Infected With Virus For Weeks

BNO: China Quarantines Baodi District Near Beijing

The Times: UK Faces Major Virus Outbreak

SCMP: Hong Kong Identifies 8 New Infected Raising Minimum Infected to 35

Reuters: China Stops Foxconn From Reopening Factories

Financial Times: Chinese Commodity Traders Renege On Shipments

Yahoo News: China Reneges On Commodity Deals

CNN: Virus Death Toll Quickly Surpasses Total Number of SARS Deaths

Video: Chinese Governments Entombing Citizens In Attempt To Curb Virus

Daily Mail: China Hunting Down Those Suspected Of Infection

Nigeria Raises Alarm Over Strange Epidemic Outbreak

John Hopkins Virus Analysis

Video: Chinese Quarantined Cities Are Ghost Towns

Daily Mail: China Begins Mass Arrests Of All Those Suspected Of Infection

Forbes: Wynn Losing $2.6 Million Per Day In Macau

SCMP: China Locks Down Hangzhou

The Independent: Macau Becomes Ghost Town With Casinos Shut Down At Least Until February 20

SCMP: No Lasting Antibodies For Virus Raising Chances of Re-Infection For Those Cured

The Sun: Chinese Journalist That Broke With Government Propaganda Regarding Severity of Virus Epidemic Missing and Feared Dead