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Why America Should Look To China To Contain COVID-19, by William A. Haseltine

Summary:
Since the earliest days of the Covid-19 pandemic, American news media has been rife with stories about how China handled – or according to many of the reports, mishandled – the initial outbreak. The most recent is a story in the New York Times, A Year After Wuhan, China Tells a Tale of Triumph (and No Mistakes). On the surface, it is the story of China’s “whitewashing” of the early days of the pandemic. But simmering just below is an unmistakable sentiment of anti-Chinese propaganda.There is some truth to the picture the Times story paints, as there is to other stories that point out missteps by the Chinese government in the early days. But beyond the grains of truth the story serves as an attack on how the Chinese handled the Covid-19 pandemic and avoids the ultimate reality: Despite

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 Since the earliest days of the Covid-19 pandemic, American news media has been rife with stories about how China handled – or according to many of the reports, mishandled – the initial outbreak. The most recent is a story in the New York Times, A Year After Wuhan, China Tells a Tale of Triumph (and No Mistakes). On the surface, it is the story of China’s “whitewashing” of the early days of the pandemic. But simmering just below is an unmistakable sentiment of anti-Chinese propaganda.

There is some truth to the picture the Times story paints, as there is to other stories that point out missteps by the Chinese government in the early days. But beyond the grains of truth the story serves as an attack on how the Chinese handled the Covid-19 pandemic and avoids the ultimate reality: Despite experiencing the world’s first major epidemic, China has controlled Covid-19 since mid-spring better than almost any other country, snuffing out sporadic outbreaks that enter from a Covid-19 riddled world.


Forbes

Why America Should Look To China To Contain COVID-19, by William A. Haseltine




Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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