Ming Pao News Agency

The new coronary virus has brought a rare resistance to the world in the world. The seven major industrial countries (G7) emphasized that they are determined to cope with the impact of the epidemic on the global economy. If necessary, they will take joint operations.The G7 did not propose interest rate reduction or silver bullets, although it disappointed investors; the global popular risks increased day by day.Resisting and saving people.The epidemic spreads in Europe and the United States, and the intensity of the western response to the epidemic is still to be observed. WHO emphasized that the new virus is not a general influenza, and the US President Trump has repeatedly compared the epidemic and seasonal influenza, which is inevitable.The global economy has been compressed by the epidemic, and the international community co -contains the epidemic. It is the way to get salary at the bottom of the kettle. Suddenly the United States has suddenly reduced interest rates, which is not the right medicine.Anti -infestation of various countries is still at the level of their respective politics. It cannot see strong and powerful leadership. After the financial tsunami, the G20 can once again become a platform for the international community to coordinate the crisis and cooperate with WHO to unite and resist.

G7 rescue market statement empty hole

Umegrobium reduction of non -symptoms

The epidemic outside China has recently turned sharply, and the new diagnosis case recorded in a single day is almost 9 times that of mainland China.Zhejiang Province in the Mainland has even discovered input cases from Italy. Beijing, Shanghai, and Guangdong have announced that they have strengthened quarantine isolation measures for visitors to foreign explosives and strictly prevent overseas input cases.At least 66 people in Iran have died of new crown pneumonia and are the most deadly cases outside China.The European epidemic was the worst Italian, and 52 people died.In the United States, six cases of death have been confirmed in just a few days, and the epidemic is also worthy of attention.

According to the existing information, the mortality rate of the new coronary virus is 1%to 2%, and the spread rate is 2.2 (average 1 spread of 2.2 people).In the following, the mortality and propagation rates of general influenza are only 0.1%and 1.3, respectively.WHO described that the epidemic has developed to this time, and it has come to Uncharted Territory. However, the international community still has the opportunity to prevent the world's popularity. After all, China's epidemic has been initially controlled.There are only 10 or less cases in the division, and most of the confirmed cases are concentrated in Iran, South Korea, and Italy.If the international community can work together, there will still be the opportunity to avoid the worst situation, so as not to allow the historical repetition of tens of millions of people in the world in the world.

WHO repeatedly emphasized that the new coronary virus is not a general seasonal influenza. There are two layers of meaning. One is that the epidemic still has opportunities for control. It is not as unobstructed as seasonal influenza.The relevant statement of WHO may be a kind of goodwill to US President Trump.Last week, Trump talked about the epidemic for the first time, comparing the new crown virus with the seasonal flu. It was believed that Americans might care more about the threat of seasonal flu. Even with the heating climate, the new virus epidemic would relieve the seasonal influenza.EssenceWashington, as the chairman of the G7 round, held a conference call of the Seventh Treasurer and the Central Bank's representative of the Central Bank yesterday to discuss the response to the epidemic. It also made people feel that the most concerned about the White House at the moment is not to prevent the epidemic, but how to save the market.

Since the outbreak of the new coronary pneumonia, the attitude of various countries is probably the snow in front of each country.Developed countries have the most resources and have the most advanced medical technology. However, there have been no leaders in developed countries to stand up and call on countries to discuss resistance. Even if they talk about epidemics in international occasions, they only pay attention to the impact of the epidemic on the economy.At the end of last month, the French Treasury Secretary said that the expected epidemic would only reduce France by 0.1 percentage points, and it was obviously assumed that the epidemic would not burned; in the United States, the community transmission cases were exposed one after another, which led to a few days of decline in US stocks and forcing China to cause ChinaThe government has actions. However, the first international action launched by the White House for the epidemic is not to take the lead in discussing the anti -epidemic.

The market's longing for the development of the Western developed countries to rescue the market stimulated that US stocks rose sharply by 1,300 points on Monday, but the G7's final statement was that the thunderous rains were small, and they only promised to reduce the damage to the economy.There is no specific discussion on interest rate reduction.In terms of equality, the current G7 member states are generally very low. Some countries are even negative interest rates. The interest rate reduction space and stimulus are very limited. Besides, the epidemic is still in the early stage.The launch of the policy of wealth and money has been sprinkled with money, and it may be unsustainable afterwards.The G7 leaders are not as fast as Trump, and of course they do not want to rash.

The G7 statement had not seen specific actions, and investors were quite disappointed. Although the Federal Reserve announced a significant reduction in interest rates, the US stocks did not rise in the early days.In the final analysis, the global economy is under pressure because the epidemic spreads and does not try to prevent the epidemic, but to focus on the rescue of the city, it is basically inverted in the end; interest rate reduction can encourage loans and put money into people's pockets. However, the epidemic interfere with the global supply chainThe problem has not much remedy. Under the threat of the epidemic, it is also a question whether the interest rate reduction can stimulate consumption.

Regain the spirit of tsunami cooperation

G20 can play a leading role

This epidemic may be a major common challenge that the international community has faced again since the financial tsunami in 2008. The problem is the various ethnicism and protectionism. In recent years, it has risen around the world.Disaster.WHO is just a commander -free commander, and it is impossible to order the world at all. To this day, it is obvious that the international community is obviously necessary to cooperate with each other, and strive to curb the popularity of immune prevention.In 2009, British Prime Minister Bai Gauding initiated the G20 as a platform, which was jointly cope with the global economic crisis by developing countries and developing countries.As the Financial Times said, countries must prove that they are still capable of cooperating for the overall interests as the financial tsunami.Faced with this epidemic, it may be the time when the G20 played the leadership role again.