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China to inject $174B of liquidity on Monday as markets reopen

reuters.com

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Re: China to inject $174B of liquidity on Monday as markets reopen

#201

Post by mariushn »

pmorici wrote: post #166
mariushn wrote: post #155

Earlier quoted context omitted.

https://www.livescience.com/face-mask-new-coronavirus.html A regular surgical face mask doesn't protect. A more specialized mask, known as an N95 respirator, can protect against the new coronavirus, also called 2019-nCoV. The respirator is thicker than a surgical mask

The NIH study I linked says that they found "no significance difference" between N95 Respirators and surgical masks. LiveScience.com looks like some kind of popsci website. Not sure I would take their word over a study published in a medical journal. Edit: For the unfamiliar N95 is a NIOSH standard that dictates the percentage of particulates that are filtered and if the filter is rated for environments with presence…

Thanks for clarification!

Re: China to inject $174B of liquidity on Monday as markets reopen

#202

Post by PeterisP »

stone-monkey wrote: post #87
adnzzzzZ wrote: post #77

Earlier quoted context omitted.

This is the first comment I've made on this forum about China, so whoever you're speaking to is clearly not me but a collective "you" instead. Responding as myself, I simply added balance to the comment above me. Many people are making the exact same argument the person I responded to is making, and while that argument isn't false, it's clearly misleading. China does get credit for responding to the situation as they…

> However, we must remember that the situation would likely not have occurred in the first place if the people speaking out about it early on weren't punished, which wouldn't happen in most western countries as local governments have way less power and way less incentives to make that kind of thing happen. I'm not saying the Chinese government doesn't have problems, nor am I saying free speech is bad, but I have no i…

Restricted spread of information caused about of month of delay for proper action, as facts were concealed and suppressed by local authorities. If proper action could have been taken in mid-December instead of mid-January, then the spread of the infection could be heavily limited back before it had grown to such large scale as it has now.

Re: China to inject $174B of liquidity on Monday as markets reopen

#203

Post by ausjke »

pdonis wrote: post #179
JohnJamesRambo wrote: post #161

Earlier quoted context omitted.

Katrina was when I realized how silly it is to think our government would ever deal effectively with a major disaster and how vulnerable we are.

By "our government" do you just mean the Federal government? Or do you mean all levels of government? The mayor of New Orleans had parking lots full of empty school buses and claimed he had no way to evacuate citizens. The governor of Louisiana whined and wrung her hands instead of doing anything. The Federal response was far from perfect but it was much more effective than the state or local response.

exactly, USA is _united_ states, crisis like Katrina really should be dealt by the local governments first-hand, with federal help on its way. it's very different from China's system, where everyone has to get approvals from the central government.

Re: China to inject $174B of liquidity on Monday as markets reopen

#204

Post by iso1210 »

BurningFrog wrote: post #158
notyourwork wrote: post #47

Earlier quoted context omitted.

My understanding was the US was not doing this to the extent China was. There construction projects to build ghost cities.

As a Californian, I would love if we were mismanaged in a way that produced excess housing!

In the Arizona Desert?

Plenty of houses in Detroit

Re: China to inject $174B of liquidity on Monday as markets reopen

#205

Post by bllguo »

daenz wrote: post #160
ineedasername wrote: post #119

Earlier quoted context omitted.

Maybe outside of China we see it as "ruled by fear", but that's really not the case in China, at least for the majority: China doesn't try to make it's citizens afraid. Quite the opposite. Their modus operandi is "move along, nothing to see here, everything is fine." Indeed, that was their initial message to the public for this virus. So, the problem and partial cause of panic is when there is a problem that is very…

China is a place where you can be locked to a chair and interrogated by police for social media comments critical of the state. Don't try to tell me it isn't a government ruled through fear. https://www.youtube.com/watch?v=K6uy12RpqQc

Okay? And the US is a place where I can get brutalized, shot, and killed by the police based on.. nothing. The fact of the matter is that the vast majority of Chinese citizens are living lives thinking and worrying about the same kinds of things we do. Not cowering in fear bemoaning their lack of freedoms.

Re: China to inject $174B of liquidity on Monday as markets reopen

#207

Post by aloer »

What is the typical return date for Chinese living in Europe and the US regarding CNY?

It is my understanding that the CNY was not cancelled and many will have gone back to visit family in China, at least outside the highly affected areas.

When will they fly back?

Re: China to inject $174B of liquidity on Monday as markets reopen

#208

Post by celticmusic »

ttul wrote: post #8

A friend of mine is leaving HK today - he lives there, so this is not a casual trip abroad. He said the level of fear is making it impossible to live there as a single person. The shops and restaurants are closed. Even his own employer shut its doors indefinitely - and they’re just a video production company. The virus won’t be what ruins China. It’s the panic itself.

I have a friend in China right now who wants to leave but can't due to not having a reasonable way to make it to the airport. Apparently they're not allowing anyone to leave the city atm.

Re: China to inject $174B of liquidity on Monday as markets reopen

#209

Post by ithinkinstereo »

ptx wrote: post #197
ithinkinstereo wrote: post #154

Earlier quoted context omitted.

The comparison to 80s/late-90s USSR is poor. I think this epidemic is showing the opposite, at least in terms of technical competence. The response from the central authorities has been massive and relatively well executed. The comparison is also off because the day-to-day living situation on the ground (for the average citizen) is totally different from _both_ a political and economic perspective.

The response might not have needed to be as massive if the initial reaction of the Chinese authorities hadn't been to send the police after the doctors who discovered the problem[1] and try to hush it up. [1] https://www.nytimes.com/2020/02/01/world/asia/china-coronavi...

Maybe, maybe not. I think the contrast to past epidemics is stark and shows the government is willing to learn and improve.

In any case, the comparison to Chernobyl and 80s USSR is pretty off-base, wouldn't you agree?

Re: China to inject $174B of liquidity on Monday as markets reopen

#210

Post by slashcom »

aloer wrote: post #207

What is the typical return date for Chinese living in Europe and the US regarding CNY? It is my understanding that the CNY was not cancelled and many will have gone back to visit family in China, at least outside the highly affected areas. When will they fly back?

Quite a few of my colleagues came back Monday the 27th. I imagine many stay longer since the trip is onerous.
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