Malcolm S. McNeil, CNBC: Why the world economy will be facing China’s coronavirus for a long time
* The coronavirus, now officially designated as Covid-19, is not just a short-term hiccup, and no vaccine can solve longer-term corporate issues it has revealed.
* China invested decades in building cross-border relationships in a deliberate fashion.
* The world’s second-largest economy will not be off limits to future investment, but there will be wariness and caution and businesses seeking alternatives.
Everywhere we look we see the headlines and commentators talking about the coronavirus and its impact on tourism, trade and investment between China and the West — and China and the U.S., in particular. However, there are far-reaching effects that have not been contemplated fully beyond the intuitive assessment.
Things move slowly. China has long been known as a country with patience, which in business language translates to longer lead times in the transactional arena, sometimes exhaustive negotiations, and relationships are built over time. Many of these relationships are created in the environment of trade shows, conferences, information exchange platforms, and trade delegations. China has finely tuned this method of cross-border introductions and it is a continuous process.
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Commentaries, Analysis, And Editorials -- February 12, 2020
Coronavirus cases stabilize — but could go in any direction now -- Joseph Guzman, The Hill
Coronavirus: 'Way too early' to predict end of outbreak, WHO says -- BBC
China’s Communist Party faces its biggest crisis since SARS -- Joe McDonald, AP
Coronavirus: why China’s economy is likely to make a robust recovery -- Prof Zhang Jun, SCMP
Q&A: How virus is impacting Asia’s cruises and passengers -- Dww-Ann Durbin and David Koenig, AP
Virus puts Hong Kong protests on ice. Will they return? -- Eileen Ng, AP
Duterte delivers deathblow to US-Philippine ties -- Richard Javad Heydarian, Asia Times
Did you miss Trump’s biggest China win? -- Derek Scissors, AEI
The Most Immediate, Unexpected Threat of Trump’s Middle East Peace Plan -- Bernard Avishai, The New Yorker
Hezbollah ‘biggest winner’ of Lebanese collapse -- Alison Tahmizian Meuse, Asia Times
Sudan Opens Door for ICC Prosecutions -- Human Rights Watch
America's Hidden Counterterrorism Operations in Africa -- Matthew Petti, National Interest
How the US's CIA and Germany's BND spied on world leaders -- Christopher Nehring, DW
Joe Biden's presidential campaign is plummeting. So who benefits from his spectacular fall? -- James Glenday, ABC News Online
