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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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From: Elroy Jetson2/22/2020 6:06:06 PM
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China's top leaders were opposed to any contingency measures to prevent the spread of Covid-19 “that may mar the festive vibe of the Lunar New Year and make the public panic.” - asiatimes.com

Hong Kong’s Ming Pao daily reported on Monday the China's CDC had sounded the alarm in a report on the emerging SARS-like outbreak submitted to the top leadership in early January.

Curbing the spread of the pandemic was not at the top of the agenda when Xi and other members of the party’s upper echelon sat down for a Politburo meeting on January 7, and they in fact prohibited disease control measures that would place the Party in disrespect.

Gao Fu, chief of China’s CCDC, warned Xi and Party leaders about the pandemic but was told to keep quiet


Richard Ebright, a biology professor at Rutgers University in New Jersey, told the BBC that the coronavirus was a cousin of one found in bats captured by theWuhan National Biosafety Laboratory in caves in the southwestern province of Yunnan in 2003, and that samples had been kept in the Wuhan lab since 2013.

On Saturday, the Chinese Ministry of Science and Technology issued a directive mandating more stringent handling of viruses and bioagents by all labs and research institutes. The document alluded to the slack oversight and management rampant at some facilities, and stressed that protection and decontamination must be beefed up.

A paper published in 'The Lancet' at the end of last month quoted seven doctors at Wuhan’s Jinyintan Hospital saying the first patient admitted on December 1 had “never been to the wet market,” nor had there been any epidemiological link between the first patient and subsequent infection cases, based on the data from the first 41 patients treated there.
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