Koon Yew Yin's Blog

China can contain the novel Coronavirus - Koon Yew Yin

Koon Yew Yin
Publish date: Sat, 07 Mar 2020, 06:23 PM
Koon Yew Yin
0 1,418
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

Don’t get so worried because there is light at the end of the tunnel. You can see one coup after another had taken place and the ruling party voted in by the people in the last General Election is usted from power.

Like the general public, I am disgusted for this is not how democracy works. I believe democracy will ultimately be restored through people's power.

In the last general election, I have supported all the political parties in the Pakatan Harapan financially and I have also campaigned for them.  

The events of the past ten days might be quite bewildering to many Malaysians. Alliances have been forming and dissolving within hours and contradictory statements have been issued by various players. But it starts making more sense when we look at the interests and intentions of the main players - Mahathir, Azmin, Anwar and Muhiyuddin.

Only the next Parliament session can resolve this issue-who has the vote of confidence? 

As you know, Malaysia political upheaval is affecting the stock market and practically every listed share is not spared. Moreover, the novel Coronavirus pandemic   is affecting all the economy around the world because the supply chain is broken. To avoid contacting the incurable flu, most people do not want to travel and contact people. Fewer workers want to go to work in China and in many other countries. As a result, there will be a reduction of goods and supply which will affect the economy of every country and the stock market. For example, airlines, manufacturers, tourist industry etc are reporting reduced profits.

New cases of the novel coronavirus that emerged in the central Chinese city of Wuhan in late December are being reported daily around the world.

More than 3,381 people have died globally  from COVID-19, as the illness is officially known, while more than 100,000 infections have been confirmed in dozens of countries, according to Johns Hopkins University. Chinese hospitals overflowing with COVID-19 patients a few weeks ago now have empty beds. Trials of experimental drugs are having difficulty enrolling enough eligible patients.

In China the number of new cases reported each day has plummeted the past few weeks. You can see the light at the end of the tunnel.

I have reproduced the long report for you to read if you are interested.

These are some of the startling observations in a report released on 28 February from a mission organized by the World Health Organization (WHO) and the Chinese government that allowed 13 foreigners to join 12 Chinese scientists on a tour of five cities in China to study the state of the COVID-19 epidemic and the effectiveness of the country’s response. The findings surprised several of the visiting scientists. “I thought there was no way those numbers could be real,” says epidemiologist Tim Eckmanns of the Robert Koch Institute, who was part of the mission.

But the report is unequivocal. “China’s bold approach to contain the rapid spread of this new respiratory pathogen has changed the course of a rapidly escalating and deadly epidemic,” it says. “This decline in COVID-19 cases across China is real.”

The question now is whether the world can take lessons from China’s apparent success—and whether the massive lockdowns and electronic surveillance measures imposed by an authoritarian government would work in other countries. “When you spend 20, 30 years in this business it’s like, ‘Seriously, you’re going to try and change that with those tactics?’” says Bruce Aylward, a Canadian WHO epidemiologist who led the international team and briefed journalists about its findings in Beijing and Geneva last week. “Hundreds of thousands of people in China did not get COVID-19 because of this aggressive response.”

 “This report poses difficult questions for all countries currently considering their response to COVID-19,” says Steven Riley, an epidemiologist at Imperial College London. “The joint mission was highly productive and gave a unique insight into China’s efforts to stem the virus from spread within mainland China and globally,” adds Lawrence Gostin, a global health law scholar at Georgetown University. But Gostin warns against applying the model elsewhere. “I think there are very good reasons for countries to hesitate using these kinds of extreme measures.”

There’s also uncertainty about what the virus, dubbed SARS-CoV-2, will do in China after the country inevitably lifts some of its strictest control measures and restarts its economy. COVID-19 cases may well increase again.

 

 

 

More articles on Koon Yew Yin's Blog
Malaysia has the most civil servants per capita in the world - Koon Yew Yin

Created by Koon Yew Yin | May 28, 2024

It is a human nature that most men would complain to their wives that they were overworked and the wives would tell their husbands to get some assistants. As a result, the number of staff increases...

Sendai is under priced - Koon Yew Yin

Created by Koon Yew Yin | May 13, 2024

Eversendai Corporation Berhad recently reported its earnings results for the fourth quarter ended December 31, 2023. Here are the key financial highlights:

Eversendai Corporation made a remarkable comeback in FY2023 - Koon Yew Yin

Created by Koon Yew Yin | May 06, 2024

Eversendai Corporation Berhad made a remarkable comeback in FY2023, reporting strong profit growth. Here are the key highlights from their financial performance:

Sendai is still up trend - Koon Yew Yin

Created by Koon Yew Yin | Apr 30, 2024

As shown on the chart below, Sendai has been dropping in the last few days. Today all shareholders must be wondering to sell, hold on or to buy some at a cheaper price.

Eversendai Corporation made a remarkable comeback in FY2023 - Koon Yew Yin

Created by Koon Yew Yin | Apr 22, 2024

Eversendai Corporation Berhad made a remarkable comeback in FY2023, reporting strong profit growth. Here are the key highlights from their financial performance:

Sendai price trend reversal - Koon Yew Yin

Created by Koon Yew Yin | Apr 22, 2024

Sendai price chart below is showing its price trend reversal. It is hitting a record high.

How can KSL double its profit? - Koon Yew Yin

Created by Koon Yew Yin | Apr 18, 2024

After the stock closed yesterday, KSL announced its 4th quarter EPS which is 40.76 sen and its net tangible asset (NTA) backing of Rm 3.65. Its profit increased by 230% more than last year.

Why Sabah will leave Malaysia - Koon Yew Yin

Created by Koon Yew Yin | Mar 29, 2024

Currently Sabah Government does not know that solar panel produces the cheapest electricity???

Malaysia can be one of the richest nations in the world - Koon Yew Yin

Created by Koon Yew Yin | Mar 23, 2024

During my life time I saw every Prime Minister being replaced by another politician for one reason or another. Dr Mahathir managed to stay the longest time of 22 years.

Property Developers comparison - Koon Yew Yin

Created by Koon Yew Yin | Mar 04, 2024

All property developers have just announced their annual profit for 2023. All of them reported increased profit.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment