Analysis | China Inc~ Virus Cure Will Worsen Its Condition - Washington Post

Workers are stranded and factories remain widely shut~ There is no imminent sign of that changing, even if the increase in infections has trended downward in recent days~ The resulting economic slowdown will bite into earnings by 10% to 20% for months and hamper the ability of companies to pay their debts~ As asset quality deteriorates, Goldman Sachs Group Inc~ estimates that Chinese banks’ implied ratio of bad-to-total loans will jump to 8~1% from an earlier prediction of 5~4%~

China has responded with all-too-familiar palliatives~ Regulators and local governments have laid out measures that include billions of dollars for tax cuts, borrowings at cheaper rates, and incentives to keep workers

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Read more: Analysis | China Inc~ Virus Cure Will Worsen Its Condition - Washington Post

China may postpone annual congress because of virus - Los Angeles Times

China said Monday it may postpone its annual congress in March, its biggest political meeting of the year, as the military dispatched hundreds more medical workers and extra supplies to the city hit hardest by a 2-month-old virus outbreak~

The standing committee for the National People’s Congress said it believes it is necessary to postpone the gathering to give top priority to people’s lives, safety and health, the official Xinhua News Agency reported~

It noted that one-third of the 3,000 delegates are provincial and municipal-level cadres with important leadership roles working on the front line of the battle against the

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Read more: China may postpone annual congress because of virus - Los Angeles Times

Netizens' Posts Against PH Developing Protected Forest Mysteriously Reported Taken Down - WORLD OF BUZZ

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It’s a norm in Malaysia for forests and jungles to be cut down to make way for housing, industrial and business developments~

But that doesn’t mean that we have greenery to

Read more: Netizens' Posts Against PH Developing Protected Forest Mysteriously Reported Taken Down - WORLD...

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