by Thomas Lifson
China is rapidly redefining itself as a rogue nation, too dangerous to stay in bed with as an integral part of the world economy. Reuters, no ally of the anti-globalists and populists shaking up politics in the US, UK, and elsewhere, reports:
Chinese President Xi Jinping warned top officials last week that efforts to contain the new coronavirus had gone too far, threatening the country’s economy, sources told Reuters, days before Beijing rolled out measures to soften the blow. (snip)
After reviewing reports on the outbreak from the National Development and Reform Commission (NDRC) and other economic departments, Xi told local officials during a Feb 3 meeting of the Politburo’s Standing Committee that some of the actions taken to contain the virus are harming the economy, said two people familiar with the meeting, who declined to be named because of the sensitivity of the matter.
He urged them to refrain from “more restrictive measures”, the two people said.