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Share Price: 510.40
Bid: 509.40
Ask: 509.50
Change: -5.40 (-1.05%)
Spread: 0.10 (0.02%)
Open: 516.30
High: 516.60
Low: 506.10
Prev. Close: 515.80
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Chinese Covid-19 statistics intentionally incomplete, US intelligence says

Thu, 02nd Apr 2020 00:18

(Sharecast News) - US intelligence has concluded that China did not reveal the true extent of the Covid-19 coronavirus pandemic in the country on purpose.

That was the main thrust of a secret US intelligence assessment prepared for the White House, although the full contents were not revealed, Bloomberg reported citing three officials.

Two officials said the conclusion reached was that the Chinese data was fake.

At last count, Beijing had publicly reported approximately 82,000 cases and 3,300 deaths related to the outbreak, against 189,000 cases and over 4,000 fatalities thus far in the US.

Other countries' reporting, including that of Iran, Indonesia, North Korea and Russia was also suspect.

Pyongyang had thus far reported zero cases.

In remarks to CNN, US vice-president, Michael Pence, said: "The reality is that we could have been better off if China had been more forthcoming.

"What appears evident now is that long before the world learned in December that China was dealing with this, and maybe as much as a month earlier than that, that the outbreak was real in China."

The day before, US Secretary of State, Michael Pompeo, called on China and others to be "transparent".

Developing medical therapies and designing public health measures to fight Covid-19 "so that we can save lives depends on the ability to have confidence and information about what has actually transpired."

"I would urge every nation: Do your best to collect the data. Do your best to share that information," he said. "We're doing that."
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Slide in defence stocks knocks down Europe's STOXX 600

BP gains on higher quarterly upstream energy output forecast

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9 Apr 2024 17:13

FTSE 100 ends down as defence stocks offset commodity gains

Easter food spending lifts UK retail sales in March

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9 Apr 2024 16:53

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9 Apr 2024 15:12

London close: Stocks slip ahead of ECB, US inflation print

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9 Apr 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 treads water despite boost from miners

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PRESS: Shell could make London exit if value gap to US does not close

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TOP NEWS: BP predicts upstream production will rise in first quarter

(Alliance News) - BP PLC on Tuesday said it expects first quarter upstream production to be higher than the previous three month period but cautioned lower prices would hurt performance elsewhere.

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LONDON MARKET OPEN: Stocks shaky ahead of US CPI data, ECB decision

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BP expects rise in first-quarter upstream energy output

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LONDON BRIEFING: HSBC sells Argentinian arm for USD550 million

(Alliance News) - Stocks in London are called to open lower on Tuesday, as investors nervously look ahead to US inflation data and the European Central Bank's latest interest rate decision.

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