Beijing Admits Coronavirus Didn’t Start in Wuhan Food Market – Senator Cotton Tweets Vindication…

The Chinese Communist Party (CCP) now admits to an internal report showing the Coronavirus did not originate from the Huanan food market as they initially stated.

Senator Tom Cotton has previously questioned the origination claim because there is a level-4 biological weapons lab in Wuhan, China, where the Huanan market is located.  Tonight Senator Cotton tweets vindication toward his original suspicions:

(Via Global Times) A new study by Chinese researchers indicates the novel coronavirus may have begun human-to-human transmission in late November from a place other than the Huanan seafood market in Wuhan.

The study published on ChinaXiv, a Chinese open repository for scientific researchers, reveals the new coronavirus was introduced to the seafood market from another location, and then spread rapidly from market to market. The findings were the result of analyses of genome-wide data, sources of infection and the route of spread of 93 samples of the novel coronavirus collected from 12 countries across four continents.

The study believes that patient zero transmitted the virus to workers or sellers at the Huanan seafood market. The crowded market facilitated the further transmission of the virus to buyers, which caused a wider spread in early December 2019.

According to the researchers, the new coronavirus experienced two sudden population expansions, including one on January 6, 2020, which was related to the Chinese New Year’s Day holiday.

An earlier expansion occurred on December 8, implying human-to-human transmission may have started in early December or late November, and then accelerated when it reached the Huanan seafood market.

On January 6, the National Center for Disease Control and Prevention (CDC) issued a second-level emergency response, which the researchers said served as a warning against mass public activity and travel.

If the warnings had received wider public attention, the number of cases spreading nationally and globally in mid-to-late January would have been lower, said the researchers. (read more)

This entry was posted in Big Government, Big Stupid Government, CDC, China, Communist, Conspiracy ?, Hong Kong, Infectious Disease, media bias, Notorious Liars, Professional Idiots, propaganda, Uncategorized. Bookmark the permalink.

273 Responses to Beijing Admits Coronavirus Didn’t Start in Wuhan Food Market – Senator Cotton Tweets Vindication…

  1. kleen says:

    Here is scary part:

    As long as we see 100, 200… people around you with this virus and it’s all in one area, it’s ok.
    Because as long as, all the sick people, can get a hospital bed with a ventilator, dialyses machine available or whatever equipment they need, they should recover.

    BUT, the moment it gets out of control and we have thousands of people needing a hospital bed and ventilators that we don’t have, that’s when people start to drop dead in the hallway. (organ failure)

    Trick is, enough hospital beds, machines, medics and healthcare providers. The moment we get to thousand of sick lining up hallways… forget it!

    Wuhan are opening 19 new hospitals, they have 750 million people on lockdown. They have paused a massive economy. They simply wouldn’t do this if it was manageable. I am struggling to be hopeful.

    Liked by 2 people

    • Dave Gerken says:

      Very good analysis. This is why containment is so important.

      Liked by 1 person

    • Mac says:

      90% of flu cases are treated, successfully, outside of of medical facilities. Why, because in the US we have had a century to deal with influenza. And, still, we have 16,000-44000 people die from the flu every year. And, no one is closing down the country because of it. The problem with the COVID-19 bug, is that it is unknown and the Chinese allowed it to get out of control. So, no one really knows exactly how contagious or fatal it is. Add to that the media hype that this is an apocalyptic disease and people become terrified of what is, essentially, the unknown. After all, ten years ago, Ebola was going to depopulate the world and we are still waiting for it to depopulate the Congo.

      Liked by 1 person

  2. Zippy says:

    A commie (everything’s free!) likely to win the Dim nomination and a deadly virus likely to rip up the world economy in an election year.

    Oh, goody…

    Liked by 1 person

  3. kleen says:

    From Twitter:

    Let’s be clear about this moment in COVID19 : It’s not about China anymore. It’s about the world. Clusters will pop up all over & governments will fight the fires w/the tools + politics at hand. Some will put out their fires quickly. But some won’t. We’re in uncharted territory

    As you follow along with the Diamond Princess story, keep in mind that we’re only ~3.5 weeks out from when patient zero was on the ship, & just over 2 weeks from the first batch of 10 cases, & it spread from there. #COVID19 takes ~3wks to run its course, so still early(ish) days.


    1. Attacks both respiratory and gastrointestinal 2. In some people, the body’s immune system goes into over-drive and attacks itself and causes multiple organ failure 3. Some die; some go on dialysis; some on ventilators long term. Some recover. (Source: Lancet).

    Liked by 2 people

  4. rojobirds says:

    The Chicoms have known about this since LAST NOVEMBER but still allowed travel. And, still KNOWINGLY allowed human-human contact. They could have shut this down immediately. Now the entire world is threatened. The world economy is threatened.

    Never trust a commie. You hear that DNC? You hear that Bernie Bros?

    Liked by 3 people

    • Dave Gerken says:

      That’s not likely actually. This is what they think happened based on studying the virus genes. How would they have known that early when only a few had just “caught the flu”

      Liked by 4 people

      • Les D says:

        Because the patients they were seeing with respiratory illnesses were not responding to regular protocols. And first line Doc’s in the wards were reporting it in the patient’s chart as per any hospital chart, and on chat sessions with other Docs. that’s when the clampdown on info started. Chinkhole19 spread recklessly or intentionally because we all know chinks are the best at everything including medicine and technology. So to ask “How would they know” 6 weeks before they closed the Wong Dong Airport is naive to the umpteenth degree


    • Tl Howard says:

      Never trust a politician, commie or not.

      Liked by 1 person

    • Zippy says:

      “but still allowed travel”

      Including a recent trade delegation visiting the WH.

      Liked by 1 person

  5. Zippy says:

    China Virus is the Real Deal – Get Ready

    Liked by 3 people

    • kleen says:

      I’m getting ready! Thank you for the videos.

      While this was mainly in China, there’s was no way of knowing the truth. So I was skeptical and just kinda watching it.

      But look at what’s happening in Italy, Korea, Japan.

      For the idiots comparing it to the Flu just consider this:

      We are in Flu season, so this would be Flu + another deadly Flu to deal with at once.
      Imagine someone catching both? It makes it harder to diagnose everyone.

      There’s too much we don’t know, but just watch what’s happening you can get an idea.

      Hazmat suit is not used during Flu season.

      Basically this virus can cause organ failure.

      Liked by 1 person

      • Adele Virtue says:

        but hazmat suits were worn when the first flu came about. Hazmat was used with shingles back in the 80’s finally just going to sterile techniques. Hazmat keeps those people safe as they discover what they are dealing with. You really do not want those scientists and medical personnel coming down with the virus because they did not take precautions. Yes it might be overkill, but better safe than sorry until we know more about this virus. Also you are aware that people in the last few years have died from organ failure from the flu so keep that in mind also. The flu vaccine is also not always effective since they ‘guess’ which strain of flu is going to hit in each coming year. i have had more friends get sick from the shots than from the contact with others. I basically have finally told one family if you get the shots stay away for a week please.

        Liked by 1 person

  6. kleen says:

    Reason to worry:

    It has gone exponential already.

    It’s too late to stop it. Just prepare.

    If it lasts up to 9 days on surfaces (that we know of so far) , anyone who has been on plane, with this virus laying around, can carry it and spread it.

    So basically you don’t have to be around a sick person, or even in a place where a sick person was. Just a place where this virus ended up at, somehow (spreads through the air). It could have been placed there through someone’s shoes, or air vent…

    A healthcare provider leaving the hospital and spreading thousands of virus along the way. (they say you can fit around 90k virus on a single human cell.)

    It makes sense if you look at what’s happening in China. It’s not containable.

    Liked by 1 person

  7. kleen says:

    There’s also a rumor (so far just a rumor) but we need to consider that rumor for now as being a real possibility until it’s confirmed. But anyway, the rumor is, you can catch this virus again and it could be worse the second time since your body is fragile/damaged from the first infection.

    That may be why doctors have to wear hazmat. If they catch it they don’t develop immunity like they would with the normal Flu.

    If this was like the Flu, all you have to do it’s catch once and then life goes on. It would go away eventually once everyone goes through that. China would telling those that already caught it to go back to work in Wuhan, But they are not. Why not?

    If this virus can live on surfaces for up to 9 days and you can catch it again… God help us!

    Also, as Cotton suspects this virus may not be a natural virus. Could be a biological weapon.

    I think it was in Singapore, they said this virus has many (inserted) characteristics of HIV. That may be why they used HIV meds to cure their first patient and it worked.

    If this is somewhat an HIV virus that can spread like the Flu…. ohhhhhhhhh dear.

    Liked by 1 person

    • Zippy says:

      “the rumor is, you can catch this virus again and it could be worse the second time since your body is fragile/damaged from the first infection.”

      NOT confirmed and Chris Martinson discusses it in detail in one of his his own videos.
      See the above video “China Virus is the Real Deal – Get Ready” at 12:00 minutes in.

      Liked by 1 person

      • lolli says:

        Thanks for your posts.
        I do think it was discussed about a week ago in the research at the site I have been frequenting.
        I believe someone “cured” was released, then reinfected and a report was given regarding that patient.

        If people would read the research papers among the medical society, they would take this more seriously, without the drama. A lot of information with no hype at all. Updates daily on each country. The bonus, you can see all the other diseases around the world and those reports, also. Ha

        Liked by 1 person

        • Zippy says:

          Chris Martinson’s detailed discussion I mentioned about the possible reinfection hazard was based upon the single COVID-19 report in conjunction with a previous, detailed, peer-reviewed study that was done related to SARS or MERS. Here’s the process: you are infected, recover, and have tons of antibodies in your blood – over time, the level of antibodies drop to some KEY level which may vary from individual to individual where reinfection causes an autoimmune reaction where your antibodies attack your body’s native, healthy cells, as with HIV AIDS. Once again, this is thankfully NOT confirmed or peer reviewed with COVID-19.

          On the medical studies, I just read the abstracts or conclusions if they don’t have a proper abstract. If they have neither, I just scan down the document to read content I can understand.

          Liked by 1 person

          • Zippy says:

            And I need to emphasize that the second infection reaction -IF- eventually confirmed for COVID-19 should be a very RARE occurrence.

            Liked by 1 person

          • kleen says:

            When we deal with information from CCP, think of CNN, NYT, WP and our deep state disinformations agents.

            When they post a story is always meant to make their own look good. They can report the truth sometimes, but twist it to make the guilty crooks looks like victims. Damage control.

            So all of the info from China, I look at it as it being much worse than they report. For sure, 100% sure.

            So that one case may actually be more than a few. It’s China, they control all info and kill the truth tellers.

            The real information will come from what happens in Italy, Korea and other countries when it spreads. Keep an eye on Italy.

            Liked by 2 people

            • Adele Virtue says:

              also take into account how the Chinese live, being in such close quarters to each other is not conducive to keeping from spreading a contagious virus. I am more worried about when it gets to the Congo since their immune systems there are low due to Ebola.

              Liked by 1 person

            • Zippy says:

              “So that one case may actually be more than a few.”

              The “few” part came from the study on SARS or MERS that was peer reviewed.

              Liked by 1 person

  8. Zippy says:

    Ignore the Chinese data in the graph below. It’s certainly BS (note the video I’ve posted earlier of a Hubei doctor saying he submitted a figure of 50 new infected, but only ONE was posted).

    They need to show a radical reduction in new cases (which, of course, is why they’re building NINETEEN new hospitals in Hubei province alone…) so they can entice their people to go back to work before their companies die of cash-flow problems, at which point only one infected person found in each factory will cause the entire factory to go under quarantine and NO ONE will want their output if they continue to work while in quarantine within the factory. Thus, they are screwed no matter what they do.

    This graph, unlike others I’ve seen, PROPERLY separates out cruise ship data:

    Liked by 1 person

  9. plane of the ecliptic says:

    Another wonderful gift from China. They are experts with these “gifts”. Provided all the machetes that 900,000 Rwandans used to hack each other to death. Provides all the Fentanyl to US. Now they are providing even more toxic Carfentanyl (Grey Death). They just love spreading their love around the world. I agree with Sen. Cotton.

    Liked by 3 people

    • Bromdale says:

      Last week Infowars broadcast an extensive interview with biowarfare specialist Dr Francis Boyle, creator of the Biological Weapons Anti-Terrorism Act 1989. The transcript is available on the site. (His first name is spelt incorrectly as Frances.)

      Professor Boyle asserts that the initial work on the development of the COVID-19 Coronavirus was done at the University of North Carolina. China paid to have a member of the Wuhan staff join the development team. This information is not hidden: the facts are clear from the lists of participants in the published studies that he cites.

      In Professor Boyle’s words:

      “The scientists at the University of North Carolina took dirty money from China to allow that one of their top biowarfare experts from this Wuhan Institute of Virology, which has the BSL-4 facility, they knew exactly what they were doing, and they permitted this Chinese scientist to work with them to give gain-of-function biowarfare DNA genetic capability to SARS, which is dangerous enough to begin with.”

      “So as far as I can figure out here, what happened here is that the Wuhan scientists took the North Carolina SARS with gain-of-function, which is already a biological warfare weapon, and they took the technology behind this well-developed SARS HIV weapon and they brought it back to Wuhan, a BSL-4, and tried to DNA genetically engineer it into a chimera, into a biological warfare weapon involving the coronavirus, the HIV virus and gain-of-function.”

      [The concept of gain-of-function refers to a deliberately engineered heightening of the dangerousness of a pathogen, e.g. an increase in the distance across which infection can spread through the air.]

      As to the leak from Wuhan, Professor Boyle says:

      “I think it was an accident. The BSL-4 facility had leaks of SARS at least twice before and I believe it was an accident, and that is now confirmed by Chinese scientists themselves.”

      Liked by 1 person

      • Zippy says:

        “I think it was an accident. The BSL-4 facility had leaks of SARS at least twice before and I believe it was an accident, and that is now confirmed by Chinese scientists themselves.”

        Exactly what I’ve said here before citing numerous sources including warnings in 2017 about the Wuhan facility from a western expert on Level 4 containment systems, the Wuhan facility being China’s first, and from US bioweapons defense expert Steven Hatfill.

        Liked by 1 person

  10. kleen says:

    Coronavirus: Wuhan to quarantine all cured patients for 14 days after some test positive again
    Recovered and discharged people were sent to designated centres from Saturday onwards
    Decision follows several instances in which recovered patients were found to be still carrying the virus and able to infect others

    “This is dangerous,” Zhao was quoted as saying by Southern People Weekly magazine. “Where do you put those patients? You cannot send them home, because they might infect others, but you cannot put them in hospital because resources are stretched.”

    Liked by 3 people

  11. Ludo says:

    The bottom line is when your .gov:

    – quarantines 50% of your population
    – bans any travel, even down the street, without a permit
    – marches quarantine violators to re-education camps
    – runs two city cremation units at full capacity for weeks
    – starts up 40 additional incinerators
    – uses the military to run point on infection control
    – stops nearly the entire workforce in half the country

    …then the official story is nothing but propaganda lies. No country commits economic suicide for a “flu” virus that has killed a couple thousand people in a country of 1.7 billion.

    Be very wary folks, this is a lot worse than what you are hearing.

    Liked by 3 people

    • Zippy says:

      “Be very wary folks, this is a lot worse than what you are hearing.”

      Yeah, and very early on, before this even registered in the MSM, I pointed out to my relatives that all of the major broadcast networks (ABC, NBC, CBS, PBS) were preempting daytime programming to show the NOTHINGBURGER impeachment farce instead of covering this REAL news.

      IF and when this hits here in a major way, all of this endless, -STUPID- political crapolla and “accountability [forever] pending” -FARCE- is going to go right down the toilet where it belongs in the overall scheme of things.

      Liked by 1 person

    • kleen says:

      Another thing that bothers me is how casually people say: Only old people will die. Wow!
      Yeah just like Mini Mike and Obama thinks… who cares about the old people.

      Well we have an aging population in this country, that would be A LOT OF PRECIOUS HUMAN BEINGS AT HIGH RISK.

      Liked by 2 people

  12. Zippy says:

    BTW, although, of course, the Washington Post would not mention it, I heard elsewhere in a video that the STATE DEPARTMENT also overruled the -CDC’s- recommendations on this!!!!

    Trump ‘Furious’ At Rogue Bureaucrats Who Let Coronavirus Patients Fly Home Without Telling Him

    President Trump was reportedly livid after 14 Diamond Princess passengers infected with coronavirus were flown back to the United States without notifying him and against his wishes, according to the Washington Post.

    Trump and his coronavirus task force were told last Saturday that Americans quarantined for weeks aboard the luxury cruise ship would be brought home on two chartered planes, but that infected patients or those with symptoms would remain in Japan. That decision was overruled without Trump’s knowledge, according to the report.

    “Trump was briefed on the decision and agreed that healthy passengers should not be on the plane with sick ones, three senior administration officials said. But the State Department and a top U.S. health official ultimately decided to bring back the 14 Americans who tested positive for the virus on the planes and place them in isolation — without informing the president first.”

    Trump learned of the decision after the fact and was reportedly angry that he wasn’t consulted first – as the decision “could damage his administration’s handling of the response,” according to the report.

    “Some members of the task force were not told in advance that the infected people would be placed on the plane and learned that only after the plane was on its way back to the United States.”

    State department defends

    “It’s important to remember this was an emerging and unusual circumstance,” said Principal Deputy Principal Deputy Assistant Secretary of the Bureau of Consular Affairs, Ian Brownlee.

    Liked by 1 person

  13. MaineCoon says:

    BNO tracking chart is linked. They update it daily. Italy’s cases are greatly increasing.

    NEW: Italy reports 23 new cases of coronavirus, or 76 so far today, raising total number of cases to 155— BNO Newsroom (@BNODesk) February 23, 2020

    Liked by 1 person

  14. MaineCoon says:

    Steve Lookner at Agenda-Free tv is live streaming for hours on the coronavirus, daily, usually starting 5-6-ish and hours thereafter in order to be streaming during China daytime hours. He’s been live streaming on this for weeks. His sources are vetted. His last stream is linked. His next stream in a few hours will only hone in on Italy – Cases about doubled since yesterday.

    @Lookner on twitter.

    Liked by 1 person

  15. MaineCoon says:

    Huang Wenjun, a 42-year-old doctor at a hospital close to Wuhan, died of coronavirus about 3 hours ago. He's the 2nd doctor to die of coronavirus in less than 24 hours.— BNO Newsroom (@BNODesk) February 23, 2020

    Liked by 1 person

  16. Zippy says:

    Only 3 confirmed COVID-19 cases in India… and if you believe that accounts for all them in a country with open sewers in major cities, I’ve got a bridge in Brooklyn to sell you. From Quartz India, blowing smoke:

    How an Indian state successfully fought and contained the deadly coronavirus
    February 14, 2020

    The ministry of health and family welfare in India has termed the situation within the country “under control” presently, and states were asked to remain alert and vigilant with efforts generating community-level awareness taking centre stage. Screening of passengers for Covid-19 symptoms is going on in 21 airports, 12 major seaports, and border crossings across the country. According to ministry communication, 2148 flights and 232613 passengers from China have been screened so far. Despite China’s initial reluctance, India managed to evacuate on Feb. 1 hundreds of Indians who were stranded in Wuhan due to the outbreak.

    Almost two weeks after the evacuation, the government reported that all Indian evacuees from Wuhan—645 of them—have tested negative for 2019-nCoV. Over 11,500 individuals are presently under community surveillance in 34 states/union territtories and contact tracing is going on. As of now, 1,632 samples from suspected patients have been tested from across the country of which three samples have tested positive; all from the state of Kerala. Interestingly, reports indicate that all three patients are medical students undergoing training in Wuhan.

    Even for Nipah with a case fatality rate of around 80% , India has a history of calling it a “mystery fever,” and moving on, and finding the real cause only later, retrospectively. With a much milder Covid-19, missing a few cases or even a cluster of cases will be normal in many Indian states. In fact, it has to be expected. Given the Indian climate and air pollution levels, a few cases with mild respiratory disease getting drowned in the usual flood of mild respiratory diseases across the country is a distinct possibility. There are indications that higher temperatures may slow transmission of the new virus, which may be delaying its spread in India. However, instead of strengthening systems, Indian public health establishment has often chosen a knee-jerk response to the media frenzy around outbreaks, as seen in Nipah’s case, where it unfortunately clamped down on foreign collaborations of Indian research institutions.

    Liked by 1 person

  17. Larry says:

    Why Is the Mortality Rate So Low Outside of China?

    …Current hypotheses include that a covert SARS vaccination program was included in the national mandatory vaccination program started on Dec 1, 2019 that happened to involve a secondary true outbreak of Coronavirus with secondary exposure. Under such conditions, the animal models clearly show that vaccination against SARS spike proteins lead to high rates of morbidity and mortality, especially in older mice. No children seem to be dying in China, consistent with them being excluded from a large-scale initial Phase II or Phase III trial. Mortality appears highest in Hubei and Wuhan as well. We know a Phase I trial against SARS was conducted with 120 people by Sinovac around 2007.

    Another possibility is that a vaccine used by the Chinese has weakened their response to an otherwise mild coronavirus infection. SARS 2 binding to ACE2 is weaker. Thimerosal inhibits ERAP1. Vaccination with aluminum hydroxide containing vaccines might induce autoimmunity in the lungs. All of these factors could play a role in making vaccinated individuals more susceptible.

    A third possibility is that people in that geographic region who had prior SARS infections might be less able to fight off SARS 2 simply due to original antigenic sin from infection. Toronto, Canada, take note…

    Liked by 1 person

    • Zippy says:

      “Why Is the Mortality Rate So Low Outside of China?”

      MUCH simpler answer: because THEIR medical systems, unlike China’s, aren’t massively overloaded… yet.

      Liked by 1 person

  18. Zippy says:

    Wengui says there are 49 crematoriums in Wuhan, and they’ve been working 24/7 for 17 days
    Feb 4, 2020

    “Wengui says there are 49 crematoriums in Wuhan, and they’ve been working 24/7 for 17 days. Last week, a crematorium worker identified as “Mr. Yun” told a Chinese newspaper he and co-workers have been working 24 hours a day.”

    How long for each body?

    “On an average, it takes about one to three hours to cremate a human body…”

    SO, let us use a ridiculous WORST case of 3 hours per body (meaning all are morbidly obese).

    If each crematorium only had one oven which is also a ridiculous worst case assumption, that would be 49 crematoriums times 24 hrs/3 hrs = 8 cremations per day per crematorium = 392 bodies per day.

    That means that the supposed 2,467 dead over the past 30 days could have been handled in just 2,467/392 = 6.3 days. And THAT is under the ridiculous assumptions that there is only ONE oven per crematorium and each person cremated is morbidly obese!

    They are -LYING- massively, exactly as they did about the Tiananmen Square dead:

    Liked by 1 person

    • Linda says:

      Couldn’t agree more Zippy!

      Liked by 1 person

    • 21leelee says:

      What if all Wuhan deaths finish in Wuhan crematoriums, no matter the cause of death. Coronavirus or stroke or cardiac arrest or whatever the cause of death, the bodies go to be cremated just the same.

      Liked by 1 person

      • Zippy says:

        I’m sure they do. The point made by those calculations is that a MERE 2,467 more dead in an urban area of 19 MILLION spread over a 30 day period should not greatly overload the cremation capacity as it apparently has.

        And, BTW, take a look at the Tiananmen Square death toll link. Totalitarian regimes lie even far more than ours does.

        Liked by 2 people

        • kleen says:

          They are just like our deep state media. Lie lie lie to cover-up what they don’t want the public to see.

          I’m used to it by now and can see right through them.

          Liked by 1 person

    • addynick says:

      Might want to research more information “regarding portable incinerators” . It was recently reported in the news Wuhan recently had an “additional 40 portable incinerators” delivered. This of course is not including how many Crematoriums they already had. Notice the difference slight of words crematorium and incinerators? Just saying…. I have been following this from the beginning and I pray I’m wrong.

      Liked by 1 person

  19. yougottaloveme says:

    Pandemic News by Mike Adams has a method for making your own anti-virus masks. I assume it could be used in conjunction with a standard particle mask used by painters and shop workers.

    Liked by 1 person

  20. Zippy says:

    “It Will Be Really, Really Bad”: China Faces Financial Armageddon With 85% Of Businesses Set To Run Out Of Cash In 3 Months
    23 Feb 2020


    “The longer the epidemic lasts, the larger the cash gap drain will be,” Zhu said, adding that companies affected by the trade war face a greater danger of bankruptcy because many are already heavily indebted. “Self-rescue will not be enough. The government will need to lend help.”

    So where are we nearly two months after the epidemic started? Wwll, as of last Monday, only about 25% of people had returned to work in China’s tier-one cities, according to an estimate by Japanese brokerage Nomura, based on data from China’s Baidu. By the same time last year, 93% were back on the job.

    And making matters worse, as we first noted several weeks ago, local governments around the country face a daunting question of whether to focus on staving off the virus or encourage factory reopenings…

    As long as the national logistics network “is still in shambles,” Nomura’s chief China economist, Lu Ting said, there might be little to gain from rushing restarts, whereas “the cost of a rebound in infections might be quite high.” He expects economic activity to pick up again in a couple of months, although the longer Beijing fails to confidently put an end to the pandemic, the longer it will take for activity to return to normal. Meanwhile the 3 month countdown clock is ticking…

    Don’t tell that to Zhou Dewen, the chairman of the Small and Medium Business Development Association in the city of Wenzhou, who knows this and agrees that this crisis is worse than SARS. Far, far worse. In fact, he said, it is “the most severe” of any crisis in the 40 years since China embarked on major economic reforms. He sees not a double but a “triple whammy,” factoring in the economic slowdown the country was experiencing even before the trade conflict and the virus.

    Wenzhou, on the coast of Zhejiang Province, was the first city outside Hubei put into full lockdown in an attempt to stop the pathogen. As of last week, Zhou said, only factories that produce medical supplies had been allowed to resume work.

    n its headline article today, Bloomberg writes that “Millions of Chinese Firms Face Collapse If Banks Don’t Act Fast” and described the plight of Brigita, a director at one of China’s largest car dealers, who is also running out of options. Her firm’s 100 outlets have been closed for about a month because of the coronavirus, cash reserves are dwindling and banks are reluctant to extend deadlines on billions of yuan in debt coming due over the next few months. There are also other creditors to think about.

    “If we can’t pay back the bonds, it will be very, very bad,” said Brigita, whose company has 10,000 employees and sells mid- to high-end car brands such as BMWs. She asked that only her first name be used and that her firm not be identified because she isn’t authorized to speak to the press. With much of China’s economy still idled as authorities try to contain an epidemic that has infected more than 75,000 people, millions of companies across the country are in a race against the clock to stay afloat.

    The irony, of course, is that all this is happening even as China has in fact eased dramatically in recent weeks, from cutting rates, to engaging in a barrage of mini stimulus measures, to injecting massive amounts of liquidity, to cutting taxes, to supporting virus-stricken companies…

    Liked by 1 person

  21. Sandy says:

    Here is the short answer in biblical terms : The wages of Socialism are Death

    Liked by 1 person

  22. TaterSalad says:

    America needs to “cut ties” to China and fast. This coronavirus is just the start of what is happening. Companies that do work in China and then ship the products back to the USA are a big time risk….now and in the future with other diseases, man made or not. China owns your pharmaceutical supplies and the virus is man made. Get the point??

    Liked by 1 person

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