Security Exchange News

News By Category: CHINA

Coronavirus (Covid-19) - Travel and Insurance

28 February 2020

The outbreak of the novel coronavirus, Covid-19, has worldwide ramifications, from severe widespread travel disruption to stoking fears of a global recession as stock markets fall. In this piece, we take a look at the impact of the outbreak on travel and insurance.

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Coronavirus (Covid-19) - Supply Chain and Travel

14 February 2020

As of Friday 14 February 2020, there have been at least 1,380 fatal cases of the novel coronavirus, Covid-19, and an estimated 64,437 cases of infection confirmed worldwide. The virus outbreak began in the Chinese city of Wuhan but has since spread to all of China and 25 other countries. While the vast majority of cases are in China, the first deaths outside mainland China have been reported in the last week in Hong Kong, the Philippines, and Japan. The World Health Organisation (WHO) has warned that the outbreak poses a "grave threat" and could have "more powerful consequences than any terrorist action".

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Security Exchange Newsletter | January | Asia

31 January 2020

China - At least 213 people have died and almost 10,000 people have been infected by the novel coronavirus (2019-nVoC) which first broke out in the Chinese city of Wuhan in December 2019. The virus is understood to have originated from a seafood market which dealt in the illegal wild animal trade. Genetic analysis suggests the virus was transmitted to humans from snakes, which in turn are thought to have caught the virus from bats.

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Novel Coronavirus (2019-nCoV) - Global Public Health Emergency

31 January 2020

The new Coronavirus has now been declared a global public health emergency by the World Health Organization (WHO). This has only happened on five previous occasions. At least 213 people have died in China, with 9,692 positive tests now reported in every region of China, with the vast majority of the cases reported in Wuhan, the Chinese city at the centre of the outbreak. Internationally there have been 98 confirmed cases in 18 different countries with no deaths reported. Although more people have now been infected in China than during the 2002 Severe Acute Respiratory Syndrome (SARS) outbreak (8,098 cases with 774 deaths in 17 countries), the response by the Chinese authorities and by International governments has been unprecedented.

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Novel Coronavirus (2019-nVoC) - Crisis Management

28 January 2020

It is being reported that Senior Chinese Government officials are losing control of the coronavirus situation. Most recent reports suggest that more than 4,500 individuals have now contracted the disease and 106 people have died. Some informed analysis is estimating that already, 100,000 people will have been infected across China and that efforts must now prioritise the spread, ultimately putting into quarantine whole regions within China. The situation appears to be becoming worse by the day as the spread of the disease extends to other countries. In simple terms it is fair to comment that China is in crisis.

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Novel Coronavirus (2019-nCoV) - Travel Advice

24 January 2020

A number of our clients may be currently in China or planning to visit. This will include leisure travellers as well as clients who are in the region on business and are concerned about the outbreak of novel coronavirus (2019-nCoV). Epidemiologists have warned that it will take at least three months to create a vaccine for the new strand; it took more than a year to sequence the genome for severe acute respiratory syndrome (SARS), and there is still no vaccine available for Middle Eastern respiratory syndrome (MERS), which was first reported in 2012. The known fatality rate for novel coronavirus is very low, although experts are still making it clear that they do not know how long symptoms take to appear. Unlike the common flu, where symptoms are usually evident within 3-4 days of infection, coronavirus seems to take up to 14 days. For that reason, a lot more people may have been infected.

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Novel Coronavirus (2019-nCoV)

23 January 2020

The World Health Organization (WHO) is closely monitoring the emergency status of the novel coronavirus, and senior health officials are taking steps to ensure that infection control plans and procedures are in place to protect the health of people who may be affected by the virus. It is thought that 17 people have died and close to 600 others have been infected by the virus, also known as 2019-nCoV. The WHO has not yet declared an international public health emergency as they did with swine flu and Ebola, but are due to meet again this week to discuss the issue. A declaration of a global health crisis would no doubt contribute to the further disruption of worldwide economic and travel activity.

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The Hong Kong Uprising

20 June 2019

Last week, violent protests took over Hong Kong, causing widespread disruption as protesters clashed with riot police over a controversial extradition bill. The government’s attempt to placate protesters by suspending the legislation on Saturday failed to prevent Sunday’s mass rally – during which close to two million protesters took to the streets, according to organisers. If the numbers are confirmed, it will be the largest protest in Hong Kong’s history.

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Huawei or Another

07 March 2019

Chinese telecommunications giant Huawei has found itself embroiled in a global controversy over its alleged links to the Chinese government. The company has been accused of spying on behalf of the Chinese Communist Party, carrying out industrial and political espionage across the world. As a result of the rumours, several countries have enforced bans on certain foreign technology, while others are reviewing their business relationships with Huawei.

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Detained Without Cause

25 October 2018

For the last six decades, a violent separatist conflict has been ongoing in China’s far-western autonomous region of Xinjiang. Tensions between the ethnic Uighur Muslims and the Chinese Han communities have long permeated the region, leading to social instability, civil unrest, and terrorist attacks. The Chinese state police have been rumoured to routinely curtail the religious activity of Uighur Muslims, building ‘re-education’ centres to suppress their culture. The extent of the suppression has come to light in recent years, with recent external investigations suggesting as many as a million people may be being held in so-called internment camps.

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The Diplomatic Fallout

27 September 2018

What started out as a Chinese family of three going on holiday to Stockholm, has spiralled into a full-blown diplomatic spat between a global superpower and a small European country. Despite Sweden being granted a special meeting with Chairman Mao Zedong as the first Western country to officially establish diplomatic relations with China in 1950, relations have since soured amid a series of small disputes.

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To Xi or Not to Xi

14 March 2018

The National People's Congress – a rubber-stamped parliament controlled by China’s ruling Communist Party – recently voted overwhelmingly in favour of a constitutional amendment to abolish presidential term limits, allowing President Xi Jinping to remain in power indefinitely. President Xi has increasingly centralised power throughout his seven years as president, with the latest reforms sparking criticism from pro-democratic groups. While student protesters reportedly began putting up anti-Xi posters in Western universities, much of the criticism generated in response to the amendment has supposedly been heavily censored across China.

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