How Bad Is China’s ‘Second Wave’ Coronavirus | Forex Factory

  • How Bad Is China’s ‘Second Wave’ Coronavirus

    From forbes.com

    Beijing has a mini-outbreak. Around 100 people in one part of the city, now cordoned off in what amounts to a lockdown. If Beijing in its entirety ever goes Wuhan, this will be a disaster for China. Beijing escaped the winter with less than 500 reported cases of the new SARS coronavirus. If they start climbing and surpass that now, it could erase the recent positive news out of Wuhan, where testing of some 11 million people there turned up just around 300 infections, according to public health officials. The new infections in Beijing have been traced to a wholesale meat and fish market following 55 days without a ... (full story)

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LDFX
Jun 16, 2020 3:30pm
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Quoting RossEdwards
{quote} What a vacious remark.. And You think you can trust Capitalists.. like Goldmans or Merrill.. or majority of western politicians Good Luck mate.

Probably not, but we can at least trust our free speech and democracy certainly more than a dictatorial/totalitarian government, no ?
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NotAtrader
Jun 16, 2020 3:05pm
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Quoting LDFX
The real question is how much trust can we have in the numbers provided by the Chinese government ?
You can’t trust communists.
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RossEdwards
Jun 16, 2020 3:23pm
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Quoting NotAtrader
{quote} You can’t trust communists.
What a vacious remark..
And You think you can trust Capitalists.. like Goldmans or Merrill.. or majority of western politicians

Good Luck mate.
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RossEdwards
Jun 16, 2020 4:47pm
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reading this thread I wonder if everyone's lost the plot?
While all the usual suspects are peddling their political /nationalistic messages nobody's focusing on the lessons coming out of what we know now is happening in Bejing and its significance for public health policies in America and globally.. about the propensity for a second wave in this economically crippling epidemic, .that could disrupt the reopen/business-as-usual policies and expectations were all depending on.
Thats got serious risk implications for western markets. And if you havent figured that out you should quit Fx and take up knitting.
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LDFX
Jun 16, 2020 2:52pm
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The real question is how much trust can we have in the numbers provided by the Chinese government ?
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NotAtrader
Jun 17, 2020 4:54am
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Quoting EconomicHitM
Mr. Ross Edwards, you are fine intelligent and man with a common sense. Wish you good luck
As a first post in your record, this appears as an unusually strange contribution to this community.

How many accounts do you have?
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LDFX
Jun 16, 2020 3:33pm
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Quoting NotAtrader
{quote} You can’t trust communists.

Of course we can’t, but perhaps they decided to be transparent on this matter given the past international repercussions, or they are just minimizing again..., how to know ? I guess we can’t know for sure because we can’t, in essence, trust a dictatorial communist party...
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AnniLi
Jun 16, 2020 6:45pm
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Yes and it is so reassuring that US administration is always truthful, honourable and democratic.

Socrates was executed by the Athenians.

Always distinguish between CCP and China/Chinese people. Trump helped the former to strengthen their position.
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OutThere
Jun 16, 2020 5:00pm
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Quoting RossEdwards
reading this thread I wonder if everyone's lost the plot? While all the usual suspects are peddling their political /nationalistic messages nobody's focusing on the lessons coming out of what we know now is happening in Bejing and its significance for public health policies in America and globally.. about the propensity for a second wave in this economically crippling epidemic, .that could disrupt the reopen/business-as-usual policies and expectations were all depending on. Thats got serious risk implications for western markets. And if you havent...

Can't do anything about the 2nd wave coming...just passing time and hoping to stay on the right side of the grass.
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NotAtrader
Jun 19, 2020 11:47pm — Edited
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Quoting AnniLi
{quote} How about, "You can't trust communists." as a big contribution to a discussion?
My contribution refers to something proven by the history and it should be a lesson to remember for everyone on the planet. You simply can’t trust communists.
Remember what happened in Chernobyl? How many days it took before the world learned what happened there?! Days which could be spent to initiate the necessary routines for protecting against radiation.
Communist China will be remembered for being dishonest to the world hiding the truth about COVID-19 and letting Chinese people travel around the world spreading the virus.

In the democracy world, journalists don’t get killed when they come too close to what the government is doing. In China and Russia (CCCP) they do.

Go and trust your communists and good luck with that.
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LDFX
Jun 16, 2020 3:49pm — Edited
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Quoting OutThere
I wonder if China uses phrases like 'You can’t trust capitalists'....or Imperialists? LDFX having lived there for 8 years what is their common fear inducing name for Americans?
Well, certainly nothing was ever said against capitalism to me, China being the wildest capitalist economy ever with a “get rich or die tryin’” mentality.

Since the trade war between US and China you can’t speak about it with Chinese, even with my friends there. Nationalist propaganda has reached a pike.

Socratism is psychology forbidden in China, by school, parents and of course government.
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LDFX
Jun 16, 2020 5:13pm
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Quoting RossEdwards
reading this thread I wonder if everyone's lost the plot? While all the usual suspects are peddling their political /nationalistic messages nobody's focusing on the lessons coming out of what we know now is happening in Bejing and its significance for public health policies in America and globally.. about the propensity for a second wave in this economically crippling epidemic, .that could disrupt the reopen/business-as-usual policies and expectations were all depending on. Thats got serious risk implications for western markets. And if you havent...
That is why we are all asking how trustworthy this report is. Is it transparent or minimized? If transparent then Chinese government is being proactive and it should be contained, otherwise it might be much worse.

Then you can’t blame all of the following discussions about the Chinese government, we are all bored traders happy to share our political view, that is a forum though, but it doesn’t mean we have lost the plot, there is not much left to say, only time will tell.
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Mingary
Jun 17, 2020 1:52am
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Hope for the best but prepare for the worst.
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AnniLi
Jun 19, 2020 11:28pm
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Quoting NotAtrader
{quote} As a first post in your record, this appears as an unusually strange contribution to this community. How many accounts do you have?
How about, "You can't trust communists." as a big contribution to a discussion?
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OutThere
Jun 16, 2020 3:57pm
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So they are not used to cold war themes like 'commies coming' but the opposite of that like Imperialists coming or something like that? With US war ships circling around them you'd figure they have a slang for the Americans or something. They must say something in their propaganda that sounds fearful like how Americans are fearful of 'commies'.
BTW, what is Socrathism?
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OutThere
Jun 16, 2020 4:14pm — Edited
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Quoting RossEdwards
{quote} https://en.wikipedia.org/wiki/Socrates
Oh Socratism...thanks.

Because he was the Greek philosopher from Athens who is credited as one of the founders of Western philosophy, and as being the first moral philosopher[5][6] of the Western ethical tradition of thought.

I am sure marxism/leninism/maoism isn't so popular in US either.


But there has got to be a slang for Americans. Mexicans say Gringos...I'm not sure who calls them Yankees...Some places they call the Americans 'The world eaters'.

Or maybe the Chinese have enough class to refrain from using the equivalent word for 'commies' to call out Americans..
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OutThere
Jun 16, 2020 7:28pm
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Haha, older article but things have got worse than better since. This isn't even a propaganda article from China. Domestic article by Americans themselves. They don't trust their own administration as we saw with the job numbers. But being patriotic and believing your country is telling the truth is understandable. https://www.latimes.com/politics/sto...ant-be-trusted
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fontu
Jun 17, 2020 1:10am
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may sporadic and again control ok , but ultimately chances much bigger than 1st very likely or if can't handle then 10 to 100 times greater possible. anyway they have better instrument & experience & hope control at the first scenarios & must stop all doors to outer world for extended times > yrs !
if the same done by the world much earlier then lots of lives might have saved! china may not do this blunder intentionally for sure.
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CashBox
Jun 16, 2020 11:09pm
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Quoting OutThere
I wonder if China uses phrases like 'You can’t trust capitalists'....or Imperialists? LDFX having lived there for 8 years what is their common fear inducing name for Americans?
or the chinese government just need 'volunteers' to run a covid medicine or vaccine on.
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LDFX
Jun 16, 2020 4:24pm
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Quoting OutThere
{quote} Oh Socratism...thanks. Because he was the Greek philosopher from Athens who is credited as one of the founders of Western philosophy, and as being the first moral philosopher[5][6]...

They would be popular if it was Socratism, actually Marx was used by the communist, like Nietzsche by the Nazi, none of them would have agreed with it if Alive.

Socratism is simply asking/answering openly questions and debate about it in order to enlighten one’s mind, aka free speech and non political correctness.
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LDFX
Jun 16, 2020 4:28pm
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Quoting OutThere
So they are not used to cold war themes like 'commies coming' but the opposite of that like Imperialists coming or something like that? With US war ships circling around them you'd figure they have a slang for the Americans or something. They must say something in their propaganda that sounds fearful like how Americans are fearful of 'commies'. BTW, what is Socrathism?

They probably are, the only slang I know is how white foreigners are called “ghost” since the U.K. invasion because peoples were pale.

My mandarin being not too bad for a foreigner I still certainly don’t look state tv, and as said before debating about with Chineses (even friends) is like hitting a wall, so the truth is that I do not know.

But China being an ultra nationalist country, I wouldn’t be surprised that westerners, mostly Americans are being slaughtered on national TV, but again, I do not know.
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NotBoris
Jun 17, 2020 1:29am
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The perfect question is to ask is - which government did ever tells the truth about anything??!!!

As far as I am concerned, all politicians are the same, they are just pots calling other kettles black. Doesn't matter whether its socialist or capitalism government. So stop the BS about one being worst than the other.

As for some traders here, if you cannot bear to hear what other have to say, then either best keep quiet or move on rather then bashing your way calling other traders names and stop trying to play the childish game of getting Tweed on FF to issue banning on posts you do not like.

Life goes on, move on, if still not happy - just pxss off.
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OutThere
Jun 16, 2020 4:33pm
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Fellow Americans, awaken..rise up...
The problems are more domestic than commies induced.

Inserted Video
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Not-KPMG
Jun 16, 2020 5:30pm
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They lie.

That simple
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NotAtrader
Jun 16, 2020 9:05pm
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Quoting RossEdwards
{quote} What a vacious remark.. And You think you can trust Capitalists.. like Goldmans or Merrill.. or majority of western politicians Good Luck mate.
Vacuous?
What about the ignorance it takes to post a bs like you did?

My remark speaks the truth as it is and it says far more than you are able to understand. You are politically blind and you prove it with every comment you post.
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NotAtrader
Jun 17, 2020 12:59am
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Quoting CashBox
{quote} or the chinese government just need 'volunteers' to run a covid medicine or vaccine on.
Haha. Good one! Spot on!
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michisuperfr
Jun 17, 2020 3:59am
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There's none
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RossEdwards
Jun 16, 2020 4:02pm
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Quoting OutThere
BTW, what is Socrathism?
https://en.wikipedia.org/wiki/Socrates
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4for4
Jun 16, 2020 7:07pm
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Does it matter who lied and who wasn’t? The chart will always tell the truth ...
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OutThere
Jun 16, 2020 3:41pm
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I wonder if China uses phrases like 'You can’t trust capitalists'....or Imperialists?
LDFX having lived there for 8 years what is their common fear inducing name for Americans?
Reply
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