Out of lockdown china lifts restrictions on the city where the corona virus pandemic began 4 months ago but is it too early and walk to the lessons for the rest of the world this is inside story. Hello welcome to the program. Much of the world is now imposing strict lockdowns to stop the spread of corona virus but the chinese city where the pandemic began is easing restrictions after a shot fall in new cases 11000000 people who have been sealed off from the outside world since late january a giant light show counted down the moment when people were allowed to leave the city once again chinas government is handling this as a milestone in the global fight against covert 19 but questions have been raised about whether china has been underreporting its number of infections and Deaths Health officials a keeping a close watch to avoid a 2nd wave of infections a set a clock now reports. Packed and ready for departure tens of thousands of people from the city of woo han are on the move after 7
Leaflets linking Alcohol Consumption with rape we discussed claims that the forces fall into victim blaming. They have to be louder and louder because unfortunately people in the sight of politicians or the policeman they hear we. By all means book. Their life martin to nationals world news h. Q. Here in moscow welcome to the program with me kevin always good to have you along im going to take through our top stories for the next half hour if you will starting with this the worries about whats happening with corona virus the World Health Organization is warning of a potential pandemic as cases of the deadly things spike across europe and asia italy iran and south korea have now emerged as infection hotspots. This is a time for all countries communities families and individuals to falters on preparing. We do not believe in a binary black and white world its not either or we must focus on containment why do we everything we can to prepare for a politician pound a week 80000 cases have be
This year whats happening is fear. Fear of the unknown is this virus controlled whats going to happen. So were kind of in that middle stage right now of we dont really know the answers of controlling the virus, how its going exactly affect the economy right now theres little effect but everybodys very fearful and thats where seeing a big drop in the market, but you know weve weve been there before. Weve had a lot of healthcare arrests. You know from aids all the way down to even measles sandwiches an epidemic you dont hear about that. But the saw going on right now so 10 drop us what we call a correction and thats 10 off the 52 week high. And if we get into 20 off the 52 week high. Thats bad thats a bear market, but you may have forgotten about this but in 2018. The last 3 months of the year the market tanked we were down 20 on the s p 500 just a hair above 20 . So were in correction bear territory. And what happened we just kind of remain calm and then in january the market picked up
Fever medicine. Willng for the virus include outpatient as well as those in emergency wards. On tuesday, the city reporting one new case of the coronavirus, bringing the total to 61. Also we are getting data giving us more insight into how the economy in hong kong has been affected, not only by the virus but also by the ongoing protests and jobless rate climb in january for fourth straight month, hitting the highest level since 2016. Construction, consumption sectors particular hardhit in hong kong. This is a human tragedy and we want to always recognize that. There are real economic effects. You mentioned hong kong. Hsbc announcing they will lay a lot of people off. What is happening with the economy . Has a ground to a halt . Sophie we have some estimates saying 40 to 50 of chinas economy was open for business last week and factories are still taking time to go online. We have several companies indicate how they have been affected. Apple being one of the latest when it comes to its o
Giant quite a way to talk to the chairman of the board young what its been a difficult year for this company its in the midst of a bitter trade war between china and the us which is banned all Governmental Agency to use a quick moment on suspicion of espionage and leaders governmental leaders from all around the world are openly discussing their concerns about the trustworthiness of hallway as they are building their 5 g. This is young by chairman of the board of directors of why way thank you so much for being on our program. Or your friends im happy to be here today to talk to you. So who are always in the midst of a bitter trade war between china and the United States of america are you running scared by the end of this year a woman where you all were not concerned. The u. S. Governments decision to. While weight to the entity list has just created a lot of extra work for us that. We have had to redesign some of our products and make sure our supply chain can continue to deliver pro