Tag Archives: East Asia

Xi’s early involvement in virus outbreak raises questions

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BEIJING —
A recent speech by Chinese President Xi Jinping that has been published by state media indicates for the first time that he was leading the response to a new virus outbreak from early on in the crisis.

The publication of the Feb. 3 speech was an apparent attempt to demonstrate that the Communist Party leadership had acted decisively from the beginning, but also opens Xi up to criticism over why the public was not alerted sooner.

In the speech, Xi said he gave instructions on fighting the virus on Jan. 7 and ordered the shutdown that began on Jan. 23 of cities at the epicenter of the outbreak. His remarks were published by state media late Saturday.

“On Jan. 22, in light of the epidemic’s rapid spread and the challenges of prevention and control, I made a clear request that Hubei province implement comprehensive and stringent controls over the outflow of people,” Xi told a meeting of the party’s standing committee, its top body.

The number of new cases in mainland China fell for a third straight day, China’s National Health Commission reported Sunday. The 2,009 new cases in the previous 24-hour period brought the total to 68,500.

Commission spokesman Mi Feng said the percentage of severe cases has dropped to 7.2% of the total from a peak of 15.9% on Jan. 27. The proportion is higher in Wuhan, the Hubei city where the outbreak started, but has fallen to 21.6% from a peak of 32.4% on Jan. 28.

“The national efforts against the epidemic have shown results,” Mi said at the commission’s daily media briefing.

China reported 142 more deaths, almost all in Hubei, raising the mainland China death toll to 1,665. Another 9,419 people have recovered from COVID-19, a disease caused by a new coronavirus, and have been discharged from hospitals.

Four people have died outside of mainland China, as the virus has spread to more than two dozen countries.

Japanese Prime Minister Shinzo Abe convened an experts meeting to discuss measures to contain the virus in his country, where one person has died and more than a dozen cases emerged in the past few days without any obvious link to China.

“The situation surrounding this virus is changing by the minute,” Abe said.

Japanese Health Minister Katsunobu Kato said the country is “entering into a phase that is different from before,” requiring new steps to stop the virus from spreading further.

About 400 Americans on a quarantined cruise ship in Japan were awaiting charter flights home, as Japan announced another 70 infections had been confirmed on the Diamond Princess. Canada, Hong Kong and Italy said they were planning similar flights.

Japan now has 412 confirmed cases, including 355 from the cruise ship, and one death from the virus.

Xi’s role was muted in the early days of the epidemic, which has grown into one of the biggest political challenges of his seven-year tenure.

The disclosure of his speech indicates top leaders knew about the outbreak’s potential severity weeks before such dangers were made known to the public. It was not until late January that officials said the virus can spread between humans and public alarm began to rise.

Zhang Lifan, a commentator in Beijing, said it’s not clear why the speech was published now. One message could be that local authorities should take responsibility for failing to take effective measures after Xi gave instructions in early January. Alternatively, it may mean that Xi, as the top leader, is willing to take responsibility because he was aware of the situation, Zhang said.

Trust in the government’s approach to outbreaks remains fractured after the SARS epidemic of 2002 and 2003, which was covered up for months.

Authorities in Hubei and Wuhan faced public fury over their initial handling of the epidemic. Wuhan on Jan. 23 became the first city to impose an unprecedented halt on outbound transportation, a measure since expanded to other cities with a combined population of more than 60 million.

The anger reached a peak earlier this month following the death of Li Wenliang, a young doctor who was reprimanded by local police for trying to spread a warning about the virus. He ended up dying of the disease himself.

In apparent response, the Communist Party’s top officials in Hubei and Wuhan were dismissed and replaced last week.

Even as authorities have pledged transparency through the current outbreak, citizen journalists who challenged the official narrative with video reports from Wuhan have disappeared and are believed to be detained.

The fall in new cases follows a spike of more than 15,000 on Thursday, when Hubei began to include cases that had been diagnosed by a doctor but not yet confirmed by laboratory tests.

Overwhelmed by the number of suspected cases, the province has not been able to test every person exhibiting symptoms. The clinical diagnosis is based on doctors’ analyses and lung imaging and is intended to allow probable cases to be treated as confirmed ones without the need to wait for a lab result.

About 400 Americans aboard the cruise ship docked at Yokohama, near Tokyo, were told to decide whether to stay or take chartered aircraft arranged by the U.S. government to fly them home, where they would face another 14-day quarantine. Those going were to begin leaving the ship Sunday night. People with symptoms were to be banned from the flights.

About 255 Canadians and 330 Hong Kong residents are on board the ship or undergoing treatment in Japanese hospitals. There are 35 Italians, of which 25 are crew members, including the captain.

American passenger Matthew Smith told The Associated Press that he and his wife were not taking the flights, because the 14-day quarantine for the ship is set to end on Wednesday. The evacuees will be taken to Travis Air Force Base in California, with some continuing to Lackland Air Force Base in Texas.

Malaysia said it would not allow any more passengers from another cruise ship to transit the country after an 83-year-old American woman from the MS Westerdam tested positive for the virus.

She was among 145 passengers who flew from Cambodia to Malaysia on Friday. Her husband also had symptoms but tested negative for the virus. The Westerdam was turned away from four ports around Asia before Cambodia allowed it to dock in Sihanoukville late last week.

Malaysian Deputy Prime Minister Wan Azizah Wan Ismail said that her country would bar cruise ships that came from or transit any Chinese ports from docking.

Cambodia said earlier that all 1,455 passengers on the Holland America-operated ship had tested negative for the virus.

Taiwan reported its first death from the virus, the fifth fatality outside of mainland China. Taiwan also confirmed two new cases, raising its total to 20.

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Associated Press writer Ken Moritsugu and researcher Henry Hou in Beijing and writers Yuri Kageyama and Mari Yamaguchi in Tokyo, Eileen Ng in Kuala Lumpur, Malaysia, Sopheng Cheang in Phnom Penh, Cambodia, Frances D’Emilio in Rome and Rob Gillies in Toronto contributed to this report.

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New virus has infected more than 67,000 people globally

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A viral outbreak that began in China has infected more than 67,000 people globally

A viral outbreak that began in China has infected more than 67,000 people globally. The World Health Organization has named the illness COVID-19, referring to its origin late last year and the coronavirus that causes it.

The latest figures reported by each government’s health authority as of Saturday in Beijing:

— Mainland China: 1,523 deaths among 66,492 cases, mostly in the central province of Hubei.

— Hong Kong: 56 cases, 1 death

— Macao: 10

— Japan: 259, including 218 from a cruise ship docked in Yokohama, 1 death

— Singapore: 67

— Thailand: 33

— South Korea: 28

— Malaysia: 19

— Taiwan: 18

— Vietnam: 16

— Germany: 16

— United States: 15. Separately, one U.S. citizen died in China

— Australia: 14

— France: 11

— United Kingdom: 9

— United Arab Emirates: 8

— Canada: 8

— Philippines: 3 cases, including 1 death

— India: 3

— Italy: 3

— Russia: 2

— Spain: 2

— Belgium: 1

— Nepal: 1

— Sri Lanka: 1

— Sweden: 1

— Cambodia: 1

— Finland: 1

— Egypt: 1

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China’s new virus cases fall again, deaths now exceed 1,100

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China has reported another drop in the number of new cases of a viral infection and 97 more deaths, pushing the total dead past 1,100 as postal services worldwide say delivery was being affected by the cancellation of many flights to China

BEIJING —
China on Wednesday reported another drop in the number of new cases of a viral infection and 97 more deaths, pushing the total dead past 1,100 as postal services worldwide said delivery was being affected by the cancellation of many flights to China.

The National Health Commission said 2,015 new cases had been reported over the last 24 hours, declining for a second day. The total number of cases in mainland China reached 44,653, although many experts say a large number of others infected have gone uncounted.

The additional deaths raised the mainland toll to 1,113. Two people have died elsewhere, one in Hong Kong and one in the Philippines.

Japan’s Health Ministry said that 39 new cases have been confirmed on a cruise ship quarantined at Yokohama, bringing the total to 174 on the Diamond Princess.

The U.S. Postal Service said that it was “experiencing significant difficulties” in dispatching letters, parcels and express mail to China, including Hong Kong and Macau.

Both the U.S. and Singapore Post said in notes to their global counterparts that they are no longer accepting items destined for China, “until sufficient transport capacity becomes available.”

The Chinese mail service, China Post, said it was disinfecting postal offices, processing centers and vehicles to ensure the virus doesn’t spread via the mail and to protect staff.

It said the crisis is also impacting mail that transits China to other destinations including North Korea, Kazakhstan, Kyrgyzstan, Mongolia, Tajikistan, Turkmenistan, Uzbekistan and Vietnam.

The World Health Organization has named the disease caused by the virus as COVID-19, avoiding any animal or geographic designation to avoid stigmatization and to show the illness comes from a new coronavirus discovered in 2019.

The illness was first reported in December and connected to a food market in the central Chinese city of Wuhan, where the outbreak has largely been concentrated.

Zhong Nanshan, a leading Chinese epidemiologist, said that while the virus outbreak in China may peak this month, the situation at the center of the crisis remains more challenging.

“We still need more time of hard working in Wuhan,” he said, describing the isolation of infected patients there a priority.

“We have to stop more people from being infected,” he said. “The problem of human-to-human transmission has not yet been resolved.”

Without enough facilities to handle the number of cases, Wuhan has been building prefabricated hospitals and converting a gym and other large spaces to house patients and try to isolate them from others.

China’s official media reported Tuesday that the top health officials in Hubei province, of which Wuhan is the capital, have been relieved of their duties. No reasons were given, although the province’s initial response was deemed slow and ineffective. Speculation that higher-level officials could be sacked has simmered, but doing so could spark political infighting and be a tacit admission of responsibility.

The virus outbreak has become the latest political challenge for the party and its leader, Xi Jinping, who despite accruing more political power than any Chinese leader since Mao Zedong, has struggled to handle crises on multiple fronts. These include a sharply slowing domestic economy, the trade war with the U.S. and pushback on China’s increasingly aggressive foreign policies.

China is struggling to restart its economy after the annual Lunar New Year holiday was extended to try to curb the spread of the virus. About 60 million people are under virtual quarantine and many others are still working at home.

In Hong Kong, the diagnosis of four people living in an apartment building prompted worried comparisons with the deadly SARS pandemic of 17 years ago.

More than 100 people were evacuated from the building after a 62-year-old woman diagnosed with the virus was found living 10 floors directly below a man who was earlier confirmed with the virus.

Health officials called it a precautionary measure and sought to assuage fears of an epidemic, dismissing similarities to the SARS community outbreak at the Amoy Gardens housing estate in 2003.

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Associated Press writers Eileen Ng in Kuala Lumpur, Malaysia; Mari Yamaguchi in Tokyo and John Leicester in Paris contributed to this report.

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New virus has infected more than 31,400 people globally

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A viral outbreak that began in China has infected more than 31,400 people worldwide

A viral outbreak that began in China has infected more than 31,400 people globally.

The latest figures reported by global health authorities as of Friday in Beijing:

— China: 636 deaths and 31,161 confirmed cases on the mainland. In addition, Hong Kong has had 25 cases, including one death. Macao has had 10 cases. Most of the deaths have been in central Hubei province, where illnesses from the new type of coronavirus were first detected in December.

— Japan: 86

— Singapore: 33

— Thailand: 25

— South Korea: 24

— Australia: 14

— Germany: 13

— United States: 12

— Taiwan: 16

— Malaysia: 15

— Vietnam: 13

— France: 6

— United Arab Emirates: 5

— Canada: 6

— India: 3

— Philippines: 3 cases, including 1 death

— Russia: 2

— Italy: 3

— Britain: 3

— Belgium: 1

— Nepal: 1

— Sri Lanka: 1

— Sweden: 1

— Spain: 1

— Cambodia: 1

— Finland: 1

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1st US patient with new virus leaves hospital, is recovering

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The man who became the first U.S. patient with the new virus from China has left the hospital and says in a statement that he is getting better and looks forward to life returning to normal

SEATTLE —
The man who became the first U.S. patient infected with the new virus from China has left the hospital and said in a statement that he is getting better and looking forward to life returning to normal, according to a statement from the man provided to The Associated Press on Monday.

The 35-year-old man thanked his doctors, nurses and other staff at Providence Regional Medical Center in Everett, Washington, about 30 miles (48 kilometers) north of Seattle, according to the statement from the unidentified man given to the AP by hospital officials.

The unidentified man fell sick after returning home from a visit to China and was admitted to the hospital on Jan. 20. He was still there as of last Friday and is now in isolation at home, monitored by officials with the Snohomish Health District in coordination with the hospital.

“I am at home and continuing to get better,” the man said. “I ask that the media please respect my privacy and my desire not to be in the public eye.”

The man added in the statement: “I appreciate all of the concern expressed by members of the public, and I look forward to returning to my normal life.”

The hospital has been coordinating with U.S., state and local health officials about the man’s care.

The hospital declined to provide information about when he was discharged or the process of his discharge from the hospital.

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Some Americans to leave China, many stay after US advisory

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BEIJING —
Some Americans plan to leave China after the U.S. government advised about a spreading virus outbreak, but many others are staying.

The State Department issued a travel advisory Friday saying Americans in China “should consider departing.” That followed the evacuation earlier this week of about 200 Americans from Wuhan, the locked-down city at the center of the outbreak. A second flight is planned next week.

In addition to tourists, tens of thousands of Americans live and work in China in business and teaching. Some have been in the country for decades.

JAMES DICKEY

Dickey, a kindergarten teacher, said he is “really scared” and trying to arrange for his 8-year-old daughter and ex-wife to leave Wuhan for the United States.

He lives in Changsha, about 400 kilometers (250 miles) south of Wuhan.

“In 10 years living here in China, I’ve never seen anything like this, not even close,” he said. “The fact that our governments are taking such drastic and dire measures right now really tells me that the situation is probably worse than what we’ve been led to believe, or what the numbers would indicate.”

He spoke from a train as he returned from Beijing, where he had come to get his daughter an emergency passport so she and his ex-wife can get on an upcoming U.S. government-chartered evacuation flight from Wuhan.

He planned to stay in China with his Chinese girlfriend. “If I leave, she’s going to be all alone in a city that’s not her hometown, so if I left her right now that would be a really terrible thing to do,” he said. “I couldn’t do that to her.”

MANDY IACAMPO

Iacampo. who has lived in China for two years, said she has no plans to leave and is more worried about the flu.

“I’m honestly more concerned with traveling than with being here,” the 25-year-old kindergarten teacher said. “Looking at the numbers, especially compared to things like the flu that put me in danger, I’m not especially concerned.”

The Arkansas native said her school in Beijing has postponed reopening after the Lunar New Year holiday by a week to Feb. 10 and friends are less willing to go out.

“I’m wearing masks out and about,” she said. “But generally speaking my daily life hasn’t had to change.”

MIKE WESTER

Wester, a businessman who has lived in China for 19 years, is staying in Beijing and “self-quarantining myself,” which feels safer than facing airports crowded with strangers.

“I can control my own behavior,” he said. “I can’t vouch for everyone who is standing in all those lines that they are not being irresponsible.”

Wester is chief executive of True Run Media, an advertising company that produces magazines, websites and events in Beijing and Shanghai.

He and his wife are staying home with their 12-year-old daughter. Her school is closed but she is keeping busy writing blog entries for his company, including a series on meals that can be made with three basic ingredients.

Wester, who lived in China during the 2002-03 SARS outbreak, has organized a group for Americans on China’s popular WeChat messaging service to try to dispel false information and calm fears.

“I’ve been reading about this and trying to calm people down,” he said. “It feels like a full-time job.”

LISSA LAYMAN

Layman said she and her husband have no plans to leave.

The couple are showing her sister, who is visiting from the United States, around Beijing. They bicycled in the city and went to Tiananmen Square and brew pubs.

“We haven’t been quarantining ourselves, but we are taking precautions like washing our hands and wearing masks,” said Layman, who has been a teacher in Beijing since mid-2018.

JACK RAYMOND

Raymond, from Portland, Oregon, is wavering.

“I’m trying to not spread or get into a state of panic,” said Raymond, 28. “But I don’t know if the severity is such that I should either leave or stay put and hunker down in my apartment.”

Raymond, who has lived in Beijing for four years and teaches drama at a school, is reluctant to give up friends and work connections. He said he has stayed indoors for a week, going out only to buy food.

“I have family back in the States and they’re all urging me to leave China now,” said Raymond. “I almost bought a plane ticket yesterday. So I really am teetering on the edge.”

KELLY FLANAGAN

Flanagan, a school counselor in China since 2011, is in the United States and has no plans to return soon.

Almost all the passengers were wearing masks when she flew out of Shanghai on Jan. 25 and, when one passenger sneezed, “everyone gave her death-stares,” she said.

Flanagan, 36, is working remotely with her students to prepare for English proficiency exams, though they have been canceled because of the outbreak.

“This is probably going to be a while,” she said.

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China slams US travel controls as virus toll spikes further

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The death toll in China’s virus outbreak has risen to 259 and Beijing criticized Washington’s tightening of travel controls to bar most foreign nationals who visited the country within the past two weeks

BEIJING —
The death toll in China’s virus outbreak rose to 259 on Saturday and Beijing criticized Washington’s tightening of travel controls to bar most foreign nationals who visited the country within the past two weeks.

South Korea and India evacuated their citizens from the locked-down Chinese city at the center of an area where some 50 million people are barred from leaving in a sweeping anti-disease effort. Indonesia was sending a plane.

The number of confirmed infections in China rose to 11,791.

The United States declared a public health emergency Friday and President Donald Trump signed an order barring entry to foreign nationals, other than immediate family of American citizens and permanent residents, who have traveled in China within the last 14 days, which scientists say is the longest incubation period for the virus.

China’s government criticized the measure, which it said contradicted the World Health Organization’s appeal to avoid travel bans, and “unfriendly comments” that Beijing was failing to cooperate.

“Just as the WHO recommended against travel restrictions, the U.S. rushed to go in the opposite way. Certainly not a gesture of goodwill,” said foreign ministry spokeswoman Hua Chunying.

Japan’s government announced similar restrictions late Friday barring entry to foreigners who visited Hubei province within the past two weeks or obtained visas issued there.

Also Saturday, the ruling Communist Party postponed the end of the Lunar New Year holiday in Hubei province, where Wuhan is located, for an unspecified “appropriate extent” and appealed to the public there to stay home.

The holiday ends Sunday in the rest of the country following a three-day extension to postpone the return to factories and offices by hundreds of millions of Chinese workers. The official Xinhua News Agency said people in Hubei who work outside the province also were given an extended holiday.

The party’s decision “highlighted the importance of prevention and control of the epidemic among travelers,” Xinhua said.

Americans returning from China will be allowed into the country, but will face screening at select ports of entry and required to undertake 14 days of self-screening. Those returning from Hubei will be subject to a 14-day quarantine.

Beginning Sunday, the United States will direct flights from China to seven major airports where passengers can be screened.

The WHO has declared the outbreak a global emergency.

The U.S. order followed a travel advisory for Americans to consider leaving China. Japan and Germany also advised against non-essential travel and Britain did as well, except for Hong Kong and Macao.

Singapore, a popular tourism and shopping destination, barred Chinese travelers, becoming the first Southeast Asian nation to do so.

A plane carrying Indians from Wuhan landed in New Delhi. The government said they would be quarantined for two weeks in a facility set up in a nearby city, Manesar.

South Korea’s second evacuation flight landed in Seoul with 330 people from Wuhan. They were to be screened for fever before being taken to two quarantine centers.

South Korea reported its 12th case of the new coronavirus on Saturday, which appeared to be a human-to-human transmission. Australia reported its ninth case.

South Korea’s Centers for Disease Control and Prevention said the new patient was a 49-year-old Chinese national who works at a tour guide. He returned to South Korea on Jan. 19 from a business trip to Japan, where he contacted a Japanese citizen who was later tested positive for the virus.

South Korea reported five new cases on Friday, including three human-to-human transmissions.

Since China informed WHO about the new virus in late December, at least 23 countries have reported cases, as scientists race to understand how exactly the virus is spreading and how severe it is.

Experts say there is significant evidence the virus is spreading among people in China, and WHO noted with its emergency declaration Thursday it was especially concerned that some cases abroad also involved human-to-human transmission.

WHO defines an international emergency as an “extraordinary event” that poses a risk to other countries and requires a coordinated international response.

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Associated Press writers Aniruddha Ghosal in New Delhi and Tong-hyung Kim in Seoul, South Korea, contributed to this report.

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China station admits New Year’s drone show was prerecorded

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A Shanghai TV station has acknowledged that footage of a formation of 2,000 drones flying over the city broadcast on New Year’s Eve had actually been prerecorded days before

BEIJING —
A Shanghai TV station has acknowledged that footage of a formation of 2,000 drones flying over the city broadcast on New Year’s Eve had actually been prerecorded days before.

The footage had been the highlight of Dragon TV’s holiday gala and presented as occurring live. News organizations including The Associated Press published the video.

However Shanghai residents said they had witnessed no such event, prompting the network to issue a statement saying the event was rehearsed and recorded on Dec. 26 and Dec. 27 because of safety concerns about the size of the crowd along the city’s famous riverfront Bund on New Year’s Eve.

“Due to the high crowd at the Bund on New Year’s Eve, watching the drone show may cause safety problems, so the rehearsal and recording time of the drone was moved forward,” the station said in its statement.

The decision was likely informed by memories of a Dec. 31, 2014, stampede on the Bund in which 36 people were killed and 49 injured when a crowd of 300,000 gathered to watch a light show. Several city officials were fired or otherwise reprimanded over the tragedy.

Large crowd sizes in China during holidays are a regular worry, resulting in everything from crushing deaths to massive traffic jams.

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China to finish Beidou competitor to GPS with new launches

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China says its Beidou Navigation Satellite tv for pc System that emulates the U.S. World Positioning System will probably be competed with the launch of its remaining two satellites within the first half of subsequent yr

BEIJING —
China stated Friday its Beidou Navigation Satellite tv for pc System that emulates the U.S. World Positioning System will probably be competed with the launch of its remaining two satellites within the first half of subsequent yr.

Challenge director Ran Chengqi instructed reporters that the core of the positioning system was accomplished this month with the launch further satellites bringing its complete constellation to 24.

That was up from 19 the yr earlier than, making it one in all rising house energy China’s most advanced tasks.

Ran described the system at a uncommon information convention as having “excessive efficiency indicators, new expertise programs, excessive localization, mass manufacturing networking and a variety of customers.”

“Earlier than June 2020, we plan to launch two extra satellites into geostationary orbit and the Beidou-Three system will probably be absolutely accomplished,” Ran stated.

The newest launches mark the third iteration of Beidou, which means “Huge Dipper,” the primary of which was decommissioned in 2012. Future plans name for a better, extra accessible and extra built-in system with Beidou at its core, to come back on-line by 2035, Ran stated.

“As a significant house infrastructure for China to offer public providers to the world, the Beidou system will all the time adhere to the event idea of ‘China’s Beidou, the world’s Beidou, and the first-class Beidou,’ serving the world and benefiting mankind,” Ran stated.

China’s house program has developed quickly alongside all strains over the previous 20 years and growing impartial high-tech capabilities — and even dominating in fields corresponding to 5G knowledge processing — is a significant authorities precedence.

In 2003, China turned simply the third nation to independently launch a manned house mission and has since constructed an experimental house station and despatched up a pair of rovers to the floor of the moon. Future plans name for a fully-functioning everlasting house station, a mission to mars and a doable crewed flight to the moon.

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Survey: China’s wealthy received richer in 2019 regardless of tariff struggle

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China’s richest businesspeople received richer in 2019 regardless of a tariff struggle with Washington and an financial slowdown, a survey confirmed Thursday.

The common web value of China’s richest 1,800 folks rose 10% over 2018 to $1.Four billion, based on the Hurun Report, which tracks the nation’s rich.

Jack Ma, who retired final month as chairman of e-commerce big Alibaba, was No. 1 for a second 12 months with a web value of $39 billion. Ma Huateng of Tencent, a video games and social media firm, was second at $37 billion, up 8%.

The outcomes mirror the significance of China’s shopper market at a time when U.S. tariff hikes have battered export-oriented manufacturing.

The variety of businesspeople on the listing from the tech, pharma and meals industries rose whereas these from manufacturing declined.

“Wealth is concentrating into the fingers of those that are capable of adapt to the digital economic system,” mentioned Rupert Hoogewerf, the report’s founder and chief researcher, in an announcement.

In distinction to the US and Europe, the place the ranks of the richest persons are dominated by inherited wealth, virtually everybody on the Chinese language listing is self-made.

Hoogewerf famous that when the survey started twenty years in the past, mainland China had no greenback billionaires.

Actual property developer Xu Jiayin, No. 1 in 2017, dropped to 3rd place with $30 billion.

Solar Piaoyang and Zhong Huijuan, a married couple, have been No. 5 at $25 billion after their drug firm, Hansoh, debuted on the Hong Kong inventory alternate. Hansoh makes remedies for schizophrenia and bipolar dysfunction.

Pharma tycoons account for 8% of this 12 months’s listing, double the share 10 years in the past, based on Hurun.

The web value of Ren Zhengfei, founding father of smartphone maker Huawei Applied sciences Ltd., which is on the middle of a wrestle between Washington and Beijing over expertise growth, rose 24% to $three billion. He climbed 36 locations on the Hurun listing to No. 162.

Huawei, which additionally makes community switching gear, mentioned gross sales rose 23.2% over a 12 months earlier within the first half of 2019. The corporate has warned, nevertheless, that it’s going to “face difficulties” as curbs on its entry to U.S. elements and expertise take impact.

Client industries benefited from an 8.4% rise in retail spending within the first half of 2019. That was regardless of a decline in financial progress to a 26-year low of 6.2%.

Qin Yinglin and Qian Ying, a married couple who personal Muyuan Meals, a pig breeder, profited from an outbreak of African swine fever that pushed up pork costs. Their web value tripled to $14 billion.

The listing included 156 folks underneath age 40, a rise of 24 names from final 12 months.

Colin Huang, 39, of e-commerce firm Pinduoduo, ranked No. 7 with $19 billion 4 years after founding his firm.

“No person on the planet has ever made that a lot from a standing begin,” mentioned Hoogewerf.

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Hurun Report: www.hurun.web

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