Sinocism

Share this post

No cases in Wuhan; 20%+ unemployment?; Oil mess; Tech execs behaving badly

www.sinocism.com

No cases in Wuhan; 20%+ unemployment?; Oil mess; Tech execs behaving badly

Bill Bishop
Apr 27, 2020
5
Share this post

No cases in Wuhan; 20%+ unemployment?; Oil mess; Tech execs behaving badly

www.sinocism.com

Wuhan officially has no more Covid-19 cases, and Vice-Premier Sun Chunlan. who has been running the response on the ground in Wuhan since January, has returned to Beijing.

We may soon have a date for the Two Meetings. Xinhua reports that the NPC Standing Committee is deliberating a draft decision on the date, and the rumor mill suggests it may be held within the next three weeks. Beijing has added seven days of home quarantine to the current fourteen day of centralized quarantine for all arrivals; perhaps that in part is due to preparations for the Two Meetings?

Analysts at a Chinese securities firm wrote a report estimating the true unemployment rate in the country is over 20%. not the official rate of 6.2%. The firm quickly retracted the report. Is it accurate? Xi and the rest of the leadership are certainly not acting like the unemployment rate has barely increased from last year.

President Trump’s comments about using disinfectant were mocked by the spokesperson for the CCP Central …

This post is for paid subscribers

Already a paid subscriber? Sign in
Previous
Next
© 2023 Sinocism LLC
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing