At a think tank webinar held Monday, international experts called for countries across the world to cooperate and coordinate their actions to counteract the economic fallout of the coronavirus pandemic that has affected the lives of millions of people.
China's behavior throughout the outbreak has demonstrated that it takes its international responsibilities seriously, as is commensurate with its status and with Chinese traditions. It is in no way some kind of "atonement" for some "crime" which the country has never committed.
For most people it's unfathomable that the fight against the COVID-19 pandemic is the first global event that hasn't been led by the US since 1941. In 1941, the US was a leader in the worldwide antifascist war. During this current global fight against an invisible enemy, the US is hardly able to protect itself. The US should have been much better prepared for the outbreak considering the coronavirus came to its shores after it had rampaged through China, Japan, South Korea, Iran, Italy, France, Germany and Britain.
Think Tanks React campaign was published by ISPI Think Tank. It is show that a wave of solidarity among the Think Tank community to show how strong and united we are, even in dark times!
For most people it's unfathomable that the fight against the COVID-19 pandemic is the first global event that hasn't been led by the US since 1941. In 1941, the US was a leader in the worldwide antifascist war. During this current global fight against an invisible enemy, the US is hardly able to protect itself. The US should have been much better prepared for the outbreak considering the coronavirus came to its shores after it had rampaged through China, Japan, South Korea, Iran, Italy, France, Germany and Britain.
For most people it's unfathomable that the fight against the COVID-19 pandemic is the first global event that hasn't been led by the US since 1941. In 1941, the US was a leader in the worldwide antifascist war. During this current global fight against an invisible enemy, the US is hardly able to protect itself. The US should have been much better prepared for the outbreak considering the coronavirus came to its shores after it had rampaged through China, Japan, South Korea, Iran, Italy, France, Germany and Britain.
The Chinese word for “crisis” is composed of two characters that respectively signify “danger” and “opportunity.” The coronavirus pandemic has indeed alerted the world to the “danger” lurking amongst us. But the G20 Extraordinary Leaders’ Summit on COVID-19 of March 26 represented a real "opportunity” to advance a coordinated global response to the outbreak, and to create also a new paradigm for humankind to overcome the drawbacks and dangers implied by the prevailing geopolitical status quo.
China may begin to carry out newly announced economic stimulus measures as soon as April to help shore up domestic demand and achieve economic development goals, economists said on Sunday.
Restore, repair, revive, resuscitate or remodel? These 5Rs define business investment decisions and are a precondition for the big R: Recovery. Examination of China's economic and business response provides clues as to how local businesses may survive, and which businesses are better investments at current sell-down prices. Western economies can and must learn from China's experience.
"The recent market meltdown on Wall Street has implied underlying problems of the US economy, such as the distorted relationship between the stock market, the central bank and the government", Liu said. Yet the US economic fundamentals, underpinned by the three pillars of military, technology, and pharmaceutical industries, are still solid despite the recent market slump.
Experts warned that the US medical system may collapse if millions of patients flood hospitals due to a serious lack of beds, ventilators and medical staff. Experts cited slow government response and low detection rate for rapidly expanding infections in the US, urging the US government to launch more strict quarantine policies and pay more attention to rural areas, where medical conditions are comparatively poor.
As the fight against the emergency of coronavirus draws to a close, China must carry on to fulfill other important tasks this year as planned.
The convening of the G20 emergency summit is a right and urgent step in increasing global coordination and stabilizing economic confidence on the fight against COVID-19. At present, the virus has spread to more than 150 countries, and nearly 500,000 people have been infected worldwide, with the number of confirmed cases and death still rising rapidly.
US President Donald Trump has launched xenophobic attacks on China over COVID-19 with only one purpose – to attempt to divert attention from his failure to prepare the US for the inevitable spread of the coronavirus. But this anti-China rhetoric will have serious consequences for the American people, leading to many lost lives. Trump’s attack on China is a futile attempt to head off what will be the inevitable verdict of history on a disaster for the American people. If continued, it will cost many American lives.
The Trump administration's policies remain more focused on saving the stock market than people's lives. If the number of infected cases continues to increase and the death toll keeps rising, it won't matter how much money the government injects, and investors' confidence in the US stock market will not return. Even a child can understand this.
Anyone who has watched Trump's daily briefings with the White House coronavirus task force he set up, can clearly see that the U.S. views this more and more as a zero-sum game with China, which through diligent efforts and the nation coming together, had succeeded in getting to a point where there are no, or very few, new incidents of the virus.
As China battles the novel coronavirus, its model of central leadership and regional partnerships has functioned well. Since the start of the outbreak, President Xi Jinping, who is also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, has acted as commander-in-chief in the people's war on the epidemic.
Some US politicians attempting to politicize the novel coronavirus have come under fire as officials, scientists and experts on international relations warned that such stigmatization would undermine international solidarity in containing the pandemic.The warning came after some senior US officials connected the virus with China. They include US President Donald Trump, who described the coronavirus as the "Chinese virus" on social media and a White House media briefing, although Director Robert Redfield of the US Centers for Disease Control and Prevention said using the word Chinese as a way to describe the coronavirus is wrong.
The pandemic has had a strong impact on the Southeast Asian economy and around the world. The main export destination for China and Southeast Asian products is the US and European markets. As China has been gradually resuming economic activities, its consumption needs will help the recovery of the Southeast Asia industrial sector. For instance, China can purchase Southeast Asian products as supplements to imports from other parts of the world.
With the COVID-19 spreading fast in the U.S., the Trump administration has declared a national emergency. Analysts in China have been closely following its economic and political impact on the U.S. and also the virus has turned into an important factor shaping the U.S.-China relationship in the near future.