I’ve just always had an interest in economics, especially monetary policies. I don’t care much for the FED.
U.S. Intelligence Concludes China Concealed Extent of Coronavirus Outbreak
By ZACHARY EVANS April 1, 2020 12:02 PM
FTA:
The U.S. Intelligence Community has concluded that China concealed the extent of the Wuhan coronavirus outbreak in the country, Bloomberg News reported on Wednesday.
A classified report submitted to the White House states that China intentionally lowered its reported number of coronavirus cases, according to three officials familiar with the matter. The officials did not indicate if the report estimates what China’s actual infection rate is.
The news comes a day after Dr. Deborah Birx, response coordinator for the White House Coronavirus Task Force, suggested that the U.S. response to the pandemic may not have been as effective as possible due to “missing” data from China.
“The medical community interpreted the Chinese data as, this was serious, but smaller than anyone expected,” Birx said at a press briefing. “Because, probably…we were missing a significant amount of the data, now that we see what happened to Italy and we see what happened to Spain.”
China could have prevented 95 percent of coronavirus infections if it had acted sooner to stem the outbreak, according to one study.
U.S. officials and lawmakers have repeatedly accused China of covering up the extent of the outbreak. On Tuesday, Secretary of State Mike Pompeo urged fellow nations to be transparent about the information they share regarding the coronavirus.
“I would urge every nation: Do your best to collect the data. Do your best to share that information,” Pompeo said. “We’re doing that.”
Senator Tom Cotton (R., Ark.) has repeatedly claimed that China was underreporting cases of coronavirus. Cotton argued in a January 28 letter to Pompeo and Health Secretary Alex Azar that the Trump administration should ban travel from China, in part because China was not reporting the extent of the epidemic.