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MAO ZEDONG


A look at the history of the long and complicated friendship between China and Russia

China and Russia have both been allies and enemies since the 17th century, when the two empires began their complicated relationship in foreign affairs.

foxnews.com

China and Russia: explaining a long, complicated friendship

Chinaese leader Xi Jinping just concluded a three-day visit with Russian President Vladimir Putin, a warm affair in which the two men praised each other and spoke of a profound friendship.

Li Qiang: China elects Xi Jinping ally as premier

Li Qiang received almost every vote from more than 2,900 delegates at the rubber-stamp parliament.

bbc.co.uk

China's Xi Jinping, as expected, gets 5 more years as state president

Xi Jinping's allies and loyalists are expected to be installed in other key posts in the coming days, completing a sweeping power grab in China.

npr.org

Xi Jinping begins historic third term as China's president

It caps a consolidation of power that has made Xi Jinping China's most dominant leader in generations.

bbc.co.uk

China’s population shrinks for first time in 60 years

China is getting old before it gets rich, the result of a demographic crisis worsened by decades of the strictly enforced one-child policy.

washingtonpost.com

How Dissent Grows in China

The protests of recent weeks carry an echo, and a warning, from the Maoist era.

newyorker.com

Freedom on a Blank Page and in a Lock of Hair

As people rise up for their dignity from China to Iran, they have given us the most powerful symbols of revolution ever.

washingtonpost.com

Analysis: Under Jiang, China projected a more open image

With his death, former Chinese leader Jiang Zemin leaves behind a very different China than the one he tried to shape.

Survivor of communist China warns CCP will use 'any means necessary' to end protests before ceding control

Survivor of Mao's revolution Xi Van Fleet described the uprising in China as a 'watershed' moment but fears it won't lead to the CCP's undoing as experts predict.

foxnews.com

Biden faces 'unpredictable' era with China's empowered Xi

President Joe Biden’s administration is taking stock of a newly empowered Xi Jinping as the Chinese president begins a third, norm-breaking term as Communist Party leader.

Taiwan, missiles and spying set to be China’s priorities under new Xi term

The backgrounds of the two dozen members of the all important Politburo suggest Xi's priorities for the new term are all about military technology and Taiwan.

washingtonpost.com

China’s Xi seizes total power, threatens international order with economic strength, military

China’s Xi seizes total power, threatens international order with calls for ‘world class’ military. Chairman rivals Mao as he vows to ‘reunify’ with Taiwan.

foxnews.com

All the president's men: Why succession may pose a problem for Xi Jinping and China

Most attempts at leader succession in China have flopped, but Xi Jinping's norm-breaking practice comes at a precarious time for his country.

npr.org

As Xi Jinping cements his power in China, these are the men he's tapped to surround him

Most of the members are new to the Communist Party's powerful Politburo Standing Committee, and all of them are seen as loyalists to the president.

cbsnews.com

Timeline: Chinese leader Xi Jinping's rise and rule

Chinese President Xi Jinping, the son of a communist revolutionary, was a victim of the Cultural Revolution and a provincial chief during China's economic boom before ascending to the very top a decade ago.

3 reasons why China may become more assertive — and what that means for the U.S.

Xi Jinping is expected to break longstanding tradition in the coming days and secure a third term as China's president. It will mark a new era for China and likely lead to more tensions with the U.S.

npr.org

China party congress offers look at future leaders

Xi Jinping is primed to receive a third five-year term as head of China's ruling Communist Party on Sunday.

China party says nearly 5 million members probed for graft

China's ruling Communist Party says it has investigated almost 5 million members for possible corruption over the last decade, with formal criminal cases brought against 553.

China's Xi calls for military growth as party congress opens

Chinese leader Xi Jinping has called for faster military development and announced no change in policies that have strained relations with Washington and tightened the ruling Communist Party’s control over society and the economy.

China expected to grant Xi 5 more years, no major changes

China is opening a twice-a-decade party conference at which leader Xi Jinping is expected to receive a third five-year term that breaks with recent precedent and establishes himself as possibly the most powerful Chinese politician since Mao Zedong.

China's Xi looks to 3rd 5-year term as Communist Party meets

On the eve of the opening of a key Chinese Communist Party congress, party leader, head of state and commander of the armed forces Xi Jinping has given no indication of stepping away from power or anointing a successor.

Behold, Emperor Xi

For next week’s party congress to grant the general secretary a third term breaks precedent with Communist practice—but in many ways returns China to its imperial tradition.

theatlantic.com

Andy Warhol, Prince at center stage in Supreme Court case

Andy Warhol and Prince held center stage in a copyright case before the Supreme Court on Wednesday that veered from Cheerios and “Mona Lisa” analogies to Justice Clarence Thomas’ enthusiasm for the “Purple Rain” showman.

Observer: No matter who climbs Beijing's ranks, Xi rules

For decades, Chinese journalist Ho Pin has made accurate predictions about who would ascend into the ranks of China's leadership.

DAN BONGINO: Is the United States on the communist fast track?

Dan Bongino examines the history of communism and propaganda in the United States during Saturday's opening monologue of "Unfiltered with Dan Bongino."

foxnews.com

Why Closer Ties Between Russia and China Have Democracies Worried

Rivals for centuries, China and Russia now have a partnership that has “no limits,” Presidents Xi Jinping and Vladimir Putin said in early February. The energy, military and political ties nurtured over the past decade between the world’s two most powerful authoritarian states — both of which aim to upend at least parts of the US-dominated, post-Cold War order — have aroused growing concern among democratic leaders from Washington to Tokyo. Just weeks after the joint statement, when Russia invad

washingtonpost.com

Actor Li Yifeng dropped by Prada, other companies after prostitution charges

Chinese actor Li Yifeng has been dropped from several luxury brands, including Prada, after being arrested by Beijing police for “soliciting prostitutes” on more than one occasion. The 35-year-old actor — who starred in the 2021 film “The Pioneer” as former communist leader Mao Zedong — and his studio released a statement on Saturday denying the allegations. "I hope Li Yifeng will live on in his film and television work, will live responsibly and will also live in the social responsibility of today's youth, instead of living among lawsuits and fighting against malicious rumors,” Li wrote, according to the Global Times.

news.yahoo.com

Jeff Bezos' crewless Blue Origin rocket fails in fiery flash shortly after launch

Blue Origin has used the same type of rocket to send tourists to the edge of space, but this time, only science experiments were on board.

news.yahoo.com

EXPLAINER: Why is Xi Jinping's Central Asia trip important?

Chinese President Xi Jinping is expected to meet his Russian counterpart Vladimir Putin during a visit to the neighboring Central Asian nations of Uzbekistan and Kazakhstan this month in what would be his first overseas visits since the start of the COVID-19 outbreak in late 2019.

Taiwan forces fire at drones flying over island near China

Taiwan's military has fired warning shots at drones from China flying over its outposts just off the Chinese coastline.

China sets Oct. 16 opening date for Communist Party congress

China says a key congress of the ruling Communist Party at which leader Xi Jinping is expected to be granted a third five-year term will open on Oct. 16.

Black August uplifted as alternative Black History Month

To many, February is the month dedicated to celebrating Black Americans’ contributions to a country where they were once enslaved.

Why Closer Ties Between Russia and China Have Democracies Worried

Rivals for centuries, China and Russia now have a partnership that has “no limits,” Presidents Xi Jinping and Vladimir Putin said in early February. The energy, military and political ties nurtured over the past decade between the world’s two most powerful authoritarian states — both of which aim to upend at least parts of the US-dominated, post-Cold War order — have aroused growing concern among democratic leaders from Washington to Tokyo. Just weeks after the joint statement, when Russia invad

washingtonpost.com

Xi Jinping eyes ‘victory lap’ in Hong Kong, as locals look on warily

For China’s leader, the 25th anniversary of the handover is a chance to cement power. But in the former U.K. colony, many are mourning the erosion of freedoms.

washingtonpost.com

The End of Pragmatic China

The Communist regime has always been brutal, but it was at least predictable and, in its own way, practical. No longer.

theatlantic.com

EXPLAINER: Why is China denying Hong Kong was a UK colony?

Hong Kong is preparing to introduce new middle school textbooks that will deny the Chinese territory was ever a British colony.

Why Closer Ties Between Russia and China Have Democracies Worried

Rivals for centuries, China and Russia now have a partnership that has “no limits,” Presidents Xi Jinping and Vladimir Putin said in early February. The energy, military and political ties nurtured over the past decade between the world’s two most powerful authoritarian states — both of which aim to upend at least parts of the US-dominated, post-Cold War order — have aroused growing concern among democratic leaders from Washington to Tokyo. Just weeks after the joint statement, when Russia invad

washingtonpost.com

EXPLAINER: US keeps world guessing on Taiwan stance

President Joe Biden said Monday that the United States has a “commitment” to help Taiwan militarily if China invades.

EXPLAINER: What's behind difficult Taiwan-China relations?

U.S. authorities say the gunman behind an attack on a church in southern California in which one person was killed and five injured was motivated by a hatred for Taiwan.

Xi’s strict covid policies prompt rumblings of discontent in China

The interference into daily life by the Communist Party, especially in Shanghai, is evoking memories of the bad old days in China's recent history.

washingtonpost.com

China’s Russia Risk

How Beijing manages its relations with Moscow will help define it as a great power.

theatlantic.com

One American life, set on new course by Nixon’s China visit

For one 11-year-old American boy, Richard Nixon's trip to China changed almost everything.

For Chinese leaders, Olympics weren't 2022's big-ticket item

The just-concluded Winter Olympics aren’t China’s big event of the year.

50 years after Nixon visit, US-China ties as fraught as ever

At the height of the Cold War, U.S. President Richard Nixon flew into communist China’s center of power for a visit that, over time, would transform U.S.-China relations and China’s position in the world.

Home of the huge: China has long history of going really big

Beijing's Winter Olympics remind us of how everything in China is big, bigger — and even bigger.

President Xi Jinping, China's 'chairman of everything'

The last time the Olympics came to China, Xi Jinping oversaw the whole endeavor.

A Uyghur gets death sentence, as China bans once OK'd books

As the Chinese government tightened its grip over its ethnic Uyghur population, it sentenced one man to death and three others to life in prison last year for textbooks drawn in part from historical resistance movements that had once been sanctioned by the ruling Communist Party.

A Uyghur gets death sentence, as China bans once OK'd books

As the Chinese government tightened its grip over its ethnic Uyghur population, it sentenced one man to death and three others to life in prison last year for textbooks drawn in part from historical resistance movements that had once been sanctioned by the ruling Communist Party. An AP review of images and stories presented as problematic in a state media documentary, and interviews with people involved in editing the textbooks, found they were rooted in previously accepted narratives — two drawings are based on a 1940s movement praised by Mao Zedong, who founded the communist state in 1949.

news.yahoo.com

From Tiananmen to Hong Kong, China's crackdowns defy critics

From the crushing of Beijing’s 1989 pro-democracy protests to the suppression of Hong Kong’s opposition four decades later, China’s Communist Party has demonstrated a determination and ability to stay in power that is seemingly impervious to Western criticism.

The AP Interview: Exiled artist Ai Weiwei on Beijing Games

The Chinese artist Ai Weiwei says the upcoming Winter Olympics in Beijing will allow China to show the world “a fake smile,” just as it did for the 2008 Summer Games.

‘Am I not Chinese?’: Model pushes back against criticism of her ‘slanted eyes’

A Chinese model at the center of an ongoing controversy about beauty standards and Western stereotypes in China has clapped back at critics taking a jab at her “slanted eyes.” Driving the news: The model, who goes by the professional name Cai Niang Niang, appeared in a 2019 ad for a local snack brand called Three Squirrels. Photos from that campaign recently resurfaced on Chinese social media, drawing criticism for its supposed negative portrayal of Chinese women.

news.yahoo.com

2021 Notebook: China a huge 2021 story, with Olympics ahead

China was one of the biggest stories of 2021.

EXPLAINER: How power and ideology define Xi's rise in China

Chinese leader Xi Jinping emerges from a party conclave this week not only more firmly ensconced in power than ever, but also with a stronger ideological and theoretical grasp on the ruling Communist Party's past, present and future.

Xi Jinping ensures his future with a resolution that rewrites China’s past

Before Thursday, only two Communist Party leaders have been powerful enough to rewrite China's history. Xi Jinping is now the third.

latimes.com

China's Communist Party, with eye on history, gives Xi Jinping the same status as Mao

Leaders have set the stage for the Chinese president to extend his rule, and for just the third time ever, approved a political history that gives him status equal to the most important party figures.

npr.org

Chinese leaders issue official history to elevate Xi

Leaders of China's ruling Communist Party have set the stage for President Xi Jinping to extend his rule next year, praising his role in China’s rise as an economic and strategic power and approving a political history that gives him status alongside the most important party figures.

China's Xi lays way for third term in power at party meeting

China's leader Xi Jinping appears to be laying the foundation for a third term in power as top officials from the all-powerful Communist Party meet in Beijing this week.

Tennis star accuses China ex-vice premier of sexual assault

Chinese authorities have squelched virtually all online discussion of sexual assault accusations apparently made by a Chinese professional tennis star against a former top government official, showing how sensitive the ruling Communist Party is to such charges.

China's advice to stockpile sparks speculation of Taiwan war

A seemingly innocuous government notice encouraging Chinese people to store necessities for a potential emergency sparked panic-buying and online speculation almost immediately: Is China going to war with Taiwan.

Microsoft shutting down LinkedIn app in China amid scrutiny

Microsoft says it is shutting down its main LinkedIn app in China later this year following tighter government rules on internet companies.

Taiwan tensions raise fears of US-China conflict in Asia

After sending a record number of military aircraft to harass Taiwan over China’s National Day holiday, Beijing has toned down the saber rattling but tensions remain high, with the rhetoric and reasoning behind the exercises unchanged.

China's Xi calls for 'peaceful' reunification with Taiwan

Chinese leader Xi Jinping says reunification with Taiwan will happen peacefully, despite a recent ratcheting up of military threats against the self-governing island.

China tightens political control of internet giants

After flourishing for two decades with little regulation, China’s internet industries face a future of tighter control by the ruling Communist Party and pressure to pay for its tech ambitions, social welfare and propaganda.

China's Xi leads Martyr's Day ceremony amid patriotism drive

Chinese leader Xi Jinping has paid respects at a commemoration for those who died in the struggle to establish Communist Party rule as he leads a drive to reinforce patriotism and single-party authority.

China's Xi leads Martyr's Day ceremony amid patriotism drive

Chinese leader Xi Jinping paid respects at a solemn commemoration Thursday for those who died in the struggle to establish Communist Party rule, as he leads a national drive to reinforce patriotism and single-party authority. Xi and the six other members of the party’s all-powerful Politburo Standing Committee led aged veterans and government and military leaders in paying their respects at the Monument to the People’s Heroes in the center of Tiananmen Square while a military band played. While Xi, who heads the party and also serves as state president, made no remarks, Premier Li Keqiang spoke at a reception Thursday evening on the eve of National Day Friday.

news.yahoo.com

Xi may be moving China to economic system 'that doesn't exist anywhere in the world'

Xi may be moving China to economic system 'that doesn't exist anywhere in the world'

news.yahoo.com

WorldView: Former Afghanistan president apologizes for fleeing the country

Ashraf Ghani, the former president of Afghanistan, asks forgiveness for fleeing the country during the Taliban's takeover. China pledges millions of dollars in aid to Afghanistan. Sydney, Australia, plans to roll back COVID-19 restrictions. And North Korea is barred from the 2022 Beijing Winter Olympics. Ian Lee joined "CBSN AM" from London with more on these world headlines.

news.yahoo.com

Austin: al-Qaida may try to regroup in Afghanistan

U.S. Defense Secretary Lloyd Austin says the al-Qaida extremist group that used Afghanistan as a staging base to attack United States 20 years ago may attempt to regenerate there following the U.S. withdrawal that left the Taliban in power. (Sept. 9)

news.yahoo.com

China chases 'rejuvenation' with control of tycoons, society

An avalanche of changes launched by China’s ruling Communist Party has jolted everyone from tech billionaires to schoolchildren.

China says no more Mao badges after IOC warning

The Olympic body says it has been told Chinese athletes will no longer wear badges seen as political.

news.yahoo.com

Chinese Nationalists Furious Beijing Backed Down Over Celebrating Mao at the Olympics

Peter Parks/AFP via Getty ImagesTwo cycling sprint champions, Bao Shanju and Zhong Tianshi, have kicked off a social media civil war in China after wearing badges featuring a silhouette of the country’s founder and former leader Mao Zedong at the podium.In an uncharacteristic move, the Chinese state media has backtracked fast after initially celebrating the controversial display of pride in the authoritarian whose policies led to the deaths of up to 45 million people. The Olympic team also back

news.yahoo.com

‘China Model’ Aims for Prosperity Without Democracy: QuickTake

When China began allowing private businesses and foreign investment four decades ago, many outside the communist country expected that as its economy became more capitalist, its politics also would become more democratic. They didn’t. Instead, the Chinese system, which puts stability and cohesion ahead of individual freedoms, became adept at delivering prosperity, with the Communist Party still firmly in control. For Beijing, its success legitimizes its model as an alternative to the liberal val

washingtonpost.com

‘China Model’ Aims for Prosperity Without Democracy: QuickTake

When China began allowing private businesses and foreign investment four decades ago, many outside the communist country expected that as its economy became more capitalist, its politics also would become more democratic. They didn’t. Instead, the Chinese system, which puts stability and cohesion ahead of individual freedoms, became adept at delivering prosperity, with the Communist Party still firmly in control. For Beijing, its success legitimizes its model as an alternative to the liberal val

washingtonpost.com

Mao pins worn by Chinese athletes may test Olympic rules

The image of Communist China’s founding leader Mao Zedong has made an unscheduled appearance at the Tokyo Olympics.

Chinese Tourists Throng 'Red Tourism' Sites To Mark Communist Party Centennial

The officially designated Communist Party historical sites venerate Mao Zedong and, increasingly, the country's current leader, Xi Jinping. Tourists sometimes do manual labor and dress up as soldiers.

npr.org

How did Taiwan become embroiled in Haiti’s political crisis?

A break-in at the Taiwanese embassy in Haiti has drawn the Asian island into the turmoil of the Haitian president’s assassination.

washingtonpost.com

As it turns 100, China's ruling party grooms new faithful

Backs straight, heads high, three dozen Communist Party members in red neckties who hope for leadership posts belt out a poem by revolutionary leader Mao Zedong at a historic mountainside battle site in central China. “We stay upright even as we’re surrounded by countless enemy forces!” declare the men and women, who are on a two-week course at the China Executive Leadership Academy. As the party celebrates the 100th anniversary of its 1921 founding, training centers such as the one in Jinggangshan play a key role in efforts by President Xi Jinping’s government to extend its control over a changing society.

news.yahoo.com

At Communist Party centenary, Xi says China won't be bullied

Chinese President Xi Jinping has warned that anyone who tries to bully China “will face broken heads and bloodshed."

At 100, China's Communist Party looks to cement its future

For China’s Communist Party, celebrating its 100th birthday on Thursday is not just about glorifying its past.

House Call: Stocking Up on Summer Snacks

I define chocolate as an anytime food: It’s dessert, it’s breakfast, it’s a snack, and it’s fuel. Get it now! I consider a nice bubbly beverage a kind of snack. Get it now! The surrealist-inspired entertaining brand DADA Daily knows how to serve up a snack.

news.yahoo.com

China's leader Xi hands out medals amid party celebrations

China's leader has awarded medals to loyal Communist Party members as the nation celebrates the ruling party's centenary.

China's leader Xi hands out medals amid party celebrations

Amid celebrations over the centenary of the ruling Communist Party, Chinese President Xi Jinping has awarded loyal party members with medals and called for adherence to Marxism. Xi’s speech at a ceremony Tuesday follows a lavish celebration at Beijing’s Olympic stadium on Monday night emphasizing China’s rise to economic and political prominence following reforms enacted more than 40 years ago. “All party comrades should take their faith in Marxism and the socialism with Chinese characteristics as their life’s purposes,” Xi said in his address to medal winners.

news.yahoo.com

Marking centenary, China heralds Communist Party's influence

China is marking the centenary of its ruling Communist Party this week by heralding what it says is its growing influence abroad, along with success in battling corruption at home.

Pentagon leaders testily defend efforts on racism, extremism

Top Pentagon leaders are defending the military’s approach to addressing racism and extremism and pushing back against accusations by Republican lawmakers that the effort is creating division and hurting morale.

China prepares for Communist Party centenary in secret

Chinese authorities have closed Beijing’s central Tiananmen Square to the public, eight days ahead of a major celebration being planned to mark the 100th anniversary of the founding of the ruling Communist Party.

Modern China’s First Diplomats

‘To Americans, the arrival of the Chinese delegation seemed like the sudden appearance of aliens.’

theatlantic.com

China adds few babies, loses workers as its 1.4B people age

The number of working-age people in China fell over the past decade while the population barely grew, adding to strains in an aging society.

'Red Tourism' draws Chinese on centennial of Communist Party

On the 100th anniversary of the Chinese Communist Party, tourists are flocking to historic sites and making pilgrimages to party landmarks.

Leaders of Russia and China tighten their grips, grow closer

The powerful tenures of China’s Xi Jinping and Russia’s Vladimir Putin are looking as if they will extend much deeper into the 21st century than anyone originally expected.

Myanmar factory attacks put focus on Chinese influence

Some say they suspect the military instigated attacks on the factories to justify imposing martial law in industrial zones that have been hotspots for protests against the junta. AdTurmoil is bad for business and will deter investors, the Chinese state-owned broadcaster CGTN said in a commentary. AdMuch of the controversy over the arson attacks has centered on what happened in and around the Chinese-owned Xing Jia shoe factory in Hlaing Thayar. “That's worrying because there are a lot of native Myanmar Chinese businesspeople as well. AdThe coup and its aftermath have raised risks for all doing business in and with Myanmar, analysts say.

China celebrates official end of extreme poverty, lauds Xi

In this photo released by China's Xinhua News Agency, attendees applaud during a ceremony to mark the official end of extreme poverty in China held at the Great Hall of the People in Beijing, Thursday, Feb. 25, 2021. The party announced in November, with little fanfare, that China no longer had anyone in extreme poverty. AdThey credit Xi with launching an initiative shortly after taking power in 2012 that enabled China to beat by a decade the 2030 target set by the World Bank for eliminating extreme poverty. China’s official definition of extreme poverty is an income per person of 11 yuan ($1.70) per day. The World Bank’s middle-income poverty standard is income of $5.50 per person per day.

Australia’s growth may ‘never return’ to its pre-virus path after trade trouble with China, says economist

The national flags of Australia and China are displayed before a portrait of Mao Zedong facing Tiananmen Square. Australia's economy has been badly hit by escalating trade tensions with China — and it's possible growth might "never return" to its pre-virus levels even when the pandemic is over, according to research firm Capital Economics. China is by far Australia's largest trading partner, accounting for 39.4% of goods exports and 17.6% of services exports between 2019 and 2020, the firm said. Goods and services that are already "in the firing line" are worth almost a quarter of Australia's exports to China — forming 1.8% of its economic output, the research firm said. "That figure could rise to around 2.8% of GDP if China targeted other products for which it isn't hugely dependent on Australian imports," Thieliant said.

cnbc.com

China's top leaders meet this week to plan for the next five years. Here's what to expect

The final text of the upcoming five-year plan is due for release next year at the National People's Congress typically held in March. "I think there will be some major adjustments because this 14th five-year plan is a long-term plan. With national security in mind, Yue Su, principal economist at The Economist Intelligence Unit (EIU), expects the five-year plan to stress support for technology such as semiconductors. "The 14th five-year plan is primarily overall to satisfy China's domestic demand." With the greater focus on China's home market, analysts generally anticipate the forthcoming development plan will provide greater support for public health, education, sports and culture and tourism.

cnbc.com

Dreams of a Red Emperor: The relentless rise of Xi Jinping

Portraits of Chinese President Xi Jinping, left, and late communist leader Mao Zedong hang at a market in Beijing in 2017. Posters of Mao Zedong hang in one of the caves where Xi Jinping once slept in Liangjiahe, Shaanxi province. In his view, China’s Communist Party was in crisis: Inequality and corruption were rampant and people had abandoned their ideals. He has tightened control over schools from kindergarten through university, reinforcing “patriotic education” with Xi Jinping Thought as a guiding ideology. Biographies of Xi Jinping and volumes of Xi Jinping thought outnumber Mao Zedong books 4 to 1 at a gift shop in Yanan.

latimes.com

BNP Paribas names the Asian stocks to buy during and after the coronavirus outbreak

The global spread of the new coronavirus has shown little signs of abating, with several analysts warning that the hit to economies worldwide could be more severe than what's currently expected. "We believe it is too early to call an end to the market turmoil arising from the COVID-19 outbreak," analysts from BNP Paribas, France's largest bank, wrote in a Friday report. The new coronavirus, believed to have first emerged from the Chinese city of Wuhan in Hubei province, was recently named COVID-19 by the World Health Organization. Sectors such as travel and tourism, consumer discretionary and manufacturing that's dependent on production input from China were the "obvious losers" of the coronavirus epidemic, the analysts said in the report. But that doesn't mean investors should avoid buying Asian stocks now.

cnbc.com

Morgan Stanley says China's first-quarter growth could fall as low as 3.5% due to coronavirus

China's economic growth in the first quarter could fall to as low as 3.5% if the spread of the new coronavirus is not contained fast enough for manufacturing production to resume to normal levels, Morgan Stanley analysts wrote in a Wednesday report. Manufacturing activities around China have been disrupted as authorities shut down cities in a bid to contain the virus, now called COVID-19. While factories have started to come online, checks by Morgan Stanley analysts found that production had only reached 30% to 50% of normal levels as of last week. China, the world's second-largest economy, is home to major parts of the global supply networks that produce goods from textile to mobile phones and cars. Morgan Stanley analysts said they expect manufacturing production in China to reach 60% to 80% of the usual levels by the end of this month, and be back to normal by middle to late March.

cnbc.com

Facebook, Amazon, Google and more met with WHO to figure out how to stop coronavirus misinformation

Other companies at the meeting, according to two people familiar with the matter, included representatives from Facebook, Amazon, Twilio, Dropbox, Alphabet's Google, Verizon, Salesforce, Twitter and YouTube. Vitamin C also pops up via searches on the largest retailers, including Amazon, because of false reports that it can cure the coronavirus. Some of the priorities that tech companies have outlined in recent weeks include efforts to work with third-party fact checkers and public health organizations. Several of the companies like Facebook and Amazon offered to share ad space or provide volunteers to help quell the spread of misinformation, said Pattison. The group of tech companies decided to meet in person every few months until the coronavirus is under control.

cnbc.com
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