China Forced To Revise Number Of Virus Cases Sharply Higher After Hubei Caught Undercounting New Infections | Zero Hedge

China Forced To Revise Number Of Virus Cases Sharply Higher After Hubei Caught Undercounting New Infections | Zero Hedge

The bottom line is simple: anyone trusting any “data” from either Hubei in particular, or China in general, is a fool as each and every day is now an exercise in goalseeking cases to make it appears that China is regaining control over the pandemic but not at a rate that is too silly, which is what happened on the 19th, when all of China reported just 391 new cases, a laughable drop from the nearly 15 thousand new cases reported a week earlier.

The goal is simple: restore confidence among the general population that Beijing has the disease under control.

The irony, of course, is that the more China manipulates the data, the less anyone will believe a positive outcome for the epidemic and will instead claim that this is just the result of Chinese propaganda: “It points to a rather concerning confusion over how best to officially report the number of cases, leading to a loss of confidence in the true numbers,” said Jeffrey Halley, a Singapore-based senior market analyst with Oanda Asia Pacific Pte. “That could mean that internationally, the rest of the world keeps China in lockdown for longer, which will not be good for the ‘V-shaped recovery’ projections.”

And so China’s scrambles to goal seek its proapaganda number, the world’s attention has shifted to what has emerged as the second coronavirus hotspot, that of Daegu in South Korea, where the number of cases is certainly not doctored, pardon the terrible pun, and where there is a truly exponential increase in new cases, which are now doubling with every passing day in a terrible, if accurate, representation of what indeed happens when there is a viral epidemic.

via China Forced To Revise Number Of Virus Cases Sharply Higher After Hubei Caught Undercounting New Infections | Zero Hedge