Left Review Online March 26, 2020
After weeks of chaotic responses by individual countries to the global coronavirus pandemic marked by various restrictions on travel and trade and even finger-pointing, major global powers are finally pushing for coordinated efforts to combat the common threat, injecting a desperately needed sense of direction and hope for...more
Growth figures for China's retail sales, industrial output and fixed-asset investment for January and February are expected to slow to an unprecedented low of only 3 percent, as measures to contain the new virus outbreak unavoidably battered the economy. Since the outbreak of the coronavirus, China used partial...more
As the world is facing challenges brought about by COVID-19, Pakistani President Arif Alvi chose this special time to visit China to show solidarity between the two "iron brothers." On the occasion, Global Times reporter Wang Bozun (GT) sat down with Pakistani Foreign Minister Shah Mahmood Qureshi (Qureshi),...more
Pyongyang. Supreme Leader of the Democratic People's Republic of Korea (DPRK) Kim Jong Un said that the Pyongyang General Hospital is being constructed to develop the socialist public health system of the DPRK by consolidating and developing its public health sector with a significant leap forward making this...more
Apparent reluctance among US officials to remove tariffs on China to help vast US businesses and consumers cope with the economic fallout of the coronavirus pandemic on concerns that such a move would benefit China more is misguided, and will undoubtedly cripple US firms at such a difficult...more
Beijing. Financial experts in China have called for China's central bank to reduce its benchmark deposit interest rates "as soon as possible" after the US Federal Reserve's surprising 100-basis-point rate cut overnight, as China's economic downturn - worsened by the coronavirus - raises demands for stronger policy stimulus....more
US President Donald Trump using the term "Chinese Virus" to refer to the COVID-19 in his tweet is an act of inability and irresponsibility, as he wants to make Americans to blame China and cover his own administration's terrible response to the predictable outbreak and his failure to...more
Kathmandu. Foreign Affairs Ministry of the Democratic People's Republic of Korea (DPRK) has remarked the UK, France, and Germany followed the footstep of the USA. This was mentioned in a statement issued by the Spokesperson of the DPRK Ministery of Foreign Affairs on Saturday responding to a "joint...more
Beijing. Chinese President Xi Jinping arrived in Wuhan, the epicenter of the COVID-19 outbreak in the country, on Tuesday for inspecting the epidemic prevention and control work in Central China's Hubei Province and its capital city Wuhan, sending a strong signal to the entire country and the world...more
The inspection tour by Chinese President Xi Jinping to Wuhan, Central China's Hubei Province, has greatly inspired Chinese society. People interpret the visit in their own simple way, and optimism has blended with the atmosphere of spring. The Chinese stock market, contrary to European and US stock markets,...more
China is not facing a financial system crisis, despite mounting pressure from the coronavirus epidemic on the economy and global stock market routs, but further macro stabilizing measures, including more liquidity injections, might be necessary, analysts said on Sunday. Ominous signals have begun to suggest that the epidemic...more
Beijing. Trade between China's Tibet Autonomous Region and Nepal is likely to tumble in the first quarter due to the impact of the deadly coronavirus, yet the previous booming trade will recover gradually as long as the epidemic subsides, local officials and business representatives told the Global Times...more
Using cyberspace weapons, a hacking organization affiliated with the US Central Intelligence Agency (CIA) has been attacking Chinese organs for over a decade, involving aerospace sector, scientific research institutions, internet companies, oil industry and government agencies, a report from a Chinese security company revealed on Tuesday. Cybersecurity experts...more
Officials and residents in Northwest China's Xinjiang Uygur Autonomous Region on Monday refuted claims hyped in a US congressional report, which alleged local people have been tortured and foreign nationals have been detained in vocational education and training centers. At Monday's press conference in Urumqi, local officials responded...more
Will the coronavirus (COVID-19) become a "black swan" for the US economy and the November 2020 election? Since the outbreak of the COVID-19 broke out in China more than a month ago, the virus has become a rising challenge for many countries around the world, but the West...more