Quote:Leland Miller is CEO of the China Beige Book, a research firm that collects data from surveys of thousands of Chinese companies and industry participants to construct a report on the economy that’s more granular — and possibly more candid — than the notoriously opaque Chinese government data. China Beige Book just released to clients a “flash,” or preliminary, set of data for the first quarter this year, documenting the first effects of the COVID-19 epidemic, and Miller spoke with MarketWatch about what they’ve learned. “The situation on the ground is materially worse than what has come out in the media,” he said in an interview. The situation in China is even worse than you think, says this analyst with a history of accurate calls - MarketWatch
- Pretty credible source..
Quote:“There is a real danger in the public believing they had failed,” Adalja said. “This is a respiratory spread virus with efficient community spread and as such it’s not containable.It is not as if the containment failed, it was never going to be successful.” Here’s why the U.S. government’s effort to contain the coronavirus outbreak ‘was never going to be successful’ - MarketWatch