The Wall Street Journal - 04.03.2020

(Sean Pound) #1

A8| Wednesday, March 4, 2020 **** THE WALL STREET JOURNAL.


WORLD WATCH


AFGHANISTAN

Trump Speaks With
Senior Taliban Leader

President Trump said he
spoke to the Taliban’s co-founder
Mullah Abdul Ghani Baradar
about the implementation of the
deal signed over the weekend to
withdraw U.S. troops from Af-
ghanistan, according to state-
ments released afterward.
Mr. Trump is believed to be
the first U.S. president to speak
to a senior Taliban figure since
the U.S. ousted the group from
power in 2001 for refusing to
hand over al Qaeda leader
Osama bin Laden after the Sept.
11 attacks. Mr. Trump described
their relationship as “very good”
and said the two had a “long
conversation.”
“They’re looking to get this
ended and we’re looking to get
it ended,” Mr. Trump said at the
National Institutes of Health in
Bethesda, Md. “I think we all
have a very common interest.”
He added: “They want to cease
the violence.”
A Taliban readout of the call
said the two spoke for 35 min-
utes and discussed the imple-
mentation of the deal, including
efforts to launch talks among
Afghans. Mullah Baradar is the
Taliban’s political chief, based in
Doha, Qatar..
—Jessica Donati

CHINA

Beijing Decries U.S.
Curbs on Its Media

Chinese officials accused the
U.S. of hypocrisy and hinted at
countermeasures after Washing-
ton capped the number of Chi-
nese nationals that can work for
Chinese news outlets in the U.S.
The State Department said
Monday a group of state-run Chi-
nese media companies must trim
their Chinese employees in the
U.S. to 100, from 160, by March 13.
Last month, China expelled three
Wall Street Journal reporters.
Zhao Lijian, a spokesman at
the Chinese Foreign Ministry, ac-
cused the U.S. on Tuesday of
employing a “Cold War mind-set
and ideological bias” in limiting
the number of journalists.
The State Department last
month identified the U.S. opera-
tions of the outlets—which in-
clude the Xinhua News Agency,
China Global Television Network,
China Daily and China Radio In-
ternational—as foreign missions,
akin to embassies, subjecting
their employees to similar rules
as foreign diplomats.
Asked whether China would
expel additional U.S. journalists
or implement a similar cap on
U.S. journalists in China, Mr.
Zhao said: “We reserve the right
to make further responses.”
—Shan Li

CANADA

Railway Seeks to Get
Freight Moving Again

Canadian National Railway
Co.’s chief executive said the
company would strive over the
coming days to meaningfully re-
duce the backlog of freight
caused by blockades that choked
off key economic corridors last
month.
Jean-Jacques Ruest said he
anticipates a reduction in parked
railcars loaded with freight in
eastern Canada to around 1,500,
from roughly 8,000, by the end
of the week. “There will be a big
progression,” Mr. Ruest said in
an interview with The Wall
Street Journal. For some com-
modity groups, he said the re-
turn to normal “might take a
month or two.”
The railroad operator on
Tuesday called back most of the
450 employees temporarily laid
off last month because of train
cancellations prompted by the
blockade about 120 miles east in
Toronto. Protesters were trying
to block construction of a British
Columbia natural-gas pipeline.
The blockade near Belleville
lasted 18 days. The throttling of
freight-rail traffic threatens to
shave 0.1% to 0.3% from Cana-
dian output in February, econo-
mists say.
—Paul Vieira

RALLY: Thousands turned out across France to protest proposed changes to the state’s pension plans.

YOAN VALAT/EPA/SHUTTERSTOCK

Now, the capital faces a
flood of residents returning
from other regions. Out of its
22 million residents, some eight
million are registered elsewhere
and many of them likely trav-
eled home in January for the
Lunar New Year holiday.

On Sunday, the Ministry of
Transport banned taxis and
ride-hailing services in Beijing
from exiting the capital, and
those from elsewhere from en-
tering the city—after intercity
buses had already been banned
from the city in late January.

On Friday, Beijing issued its lat-
est epidemic-control guideline
in which it emphasized that
anyone coming into the city
from elsewhere in China must
be quarantined at home for 14
days and called on residential
districts to strengthen supervi-

WORLD NEWS


About 700 miles from the
epidemic center of Wuhan, Bei-
jing has comparatively few cor-
onavirus cases, though there
have been clusters of infections
at two hospitals and one work-
place. As of Monday, the capital
accounted for 414 of the 80,
confirmed nationwide infec-
tions and eight of the 2,
deaths.
Beijing is more than China’s
political capital. It is also home
to massive government-owned
enterprises and privately run
technology giants such as
search-engine provider Baidu
Inc. and ByteDance Inc., maker
of the TikTok app.
The low infection rate al-
lowed Beijing to impose rela-
tively few restrictions on peo-
ple’s movements within the city
until recently, while other re-
gions locked down residents.
Then, the capital city started
clamping down, just as other
Chinese regions began going
the other way and loosening re-
strictions.

sion. Those returning from
countries where the coronavi-
rus outbreak is severe must
also be quarantined for 14 days.
It also said university students
shouldn’t return to school.
In the past two weeks, au-
thorities have gone door to
door in many neighborhoods to
give entry-exit passes to resi-
dents for new checkpoints. In
some neighborhoods, local offi-
cials have slapped large stickers
across both the door and frame
of entrances. If authorities later
find a sticker broken, they can
tell that people have been en-
tering or leaving a residence.
Local authorities last week
also ordered supermarkets to
ensure customers each main-
tain a cushion of about 20
square feet around each other,
while telling offices to cap
how many people can be pres-
ent per day.
China last week also post-
poned the National People’s
Congress, an annual political
meeting in March of thou-
sands of delegates from across
the nation.
Quarantine rules have partic-
ularly hurt rural-born migrant
workers who had left the city
for Lunar New Year and couldn’t
immediately return to work in
Beijing. They often work as car
drivers, factory workers or in
other jobs requiring them to be
physically present.
Many Beijingers remain
scarred by the severe acute re-
spiratory syndrome, or SARS, in
the early 2000s, and said epi-
demic-control restrictions were
reasonable.
Huguosi, a state-owned
greasy spoon near government
headquarters, recently pushed
tables against the wall and
posted a notice: “For your
health and safety, please do not
sit face-to-face while eating.”
“It’s pretty reasonable be-
cause the virus can spread
through the air,” said Li Mei, a
retiree slurping noodle soup
with her husband in side-by-
side seats last week. “The dis-
ease is caused by people’s bad
habits.”
—Bingyan Wang
and Raffaele Huang
contributed to this article.

BEIJING—While telling most
of the world’s second-biggest
economy to resume work, Chi-
nese President Xi Jinping has
singled out two regions that he
says should prioritize coronavi-
rus containment. One is the
province at the center of the
epidemic. The other is Beijing.
Make all-out efforts to pre-
vent the virus from spreading in
the capital, the Chinese leader
said in a speech last week. “The
security and stability of the
capital city is directly related to
the overall work of the party
and the country,” he said.
Authorities have kept shut
many of Beijing’s tourist spots
for more than a month, while
recently beefing up epidemic-
control measures.
Near the government’s main
compound in central Beijing,
sites including the Forbidden
City, Tiananmen Square, the
National Museum and the Na-
tional Library all remain closed.
Authorities have also shut
down parts of the Great Wall of
China. Chang’an Avenue, the
usually crowded boulevard run-
ning in front of the Forbidden
City, was nearly empty over the
weekend. Several policemen
checked the identification of
visitors, allowing only Beijing
residents and those who could
prove they hadn’t left the capi-
tal in the past two weeks to ap-
proach the site.
Sealing off political and fi-
nancial centers from an epi-
demic is rare, medical histori-
ans say. In 1892, President
Benjamin Harrison quarantined
New York City’s port during a
cholera scare. In 1900, authori-
ties cordoned off Honolulu’s
Chinatown to try to contain the
bubonic plague. In 2014, Libe-
ria locked down an impover-
ished neighborhood in its capi-
tal, Monrovia, in an effort to
stop the spread of the deadly
Ebola virus.


BYSTUWOO


In Beijing, a Wall Rises to Fight Outbreak

China authorities heed


Xi’s call to lock down


capital in bid to stop


spread of coronavirus


Beijing office workers registered their body temperatures and personal information. The city has comparatively few coronavirus cases.

THOMAS PETER/REUTERS

Companies Rush to
Develop Treatments

Japanese drugmakerTakeda
PharmaceuticalCo. said it is try-
ing to develop a drug to treat
people infected with the novel
coronavirus or at high risk of
contracting it.
The company’s experimental
drug would be derived from the
blood of coronavirus patients
who have recovered from the re-
spiratory disease, officials said.
Researchers hope the antibodies
developed by the recovered pa-
tients can bolster the immune

systems of new patients and de-
feat the infections.
Such therapies have been
shown effective in treatment of
severe acute viral respiratory in-
fections, Takeda officials said.
Takeda, which has about 40
employees working on the proj-
ect, moved from a concept to a
tangible program in the last few
weeks, officials said. If testing is
successful, the company aims to
make the therapy available to
patients between nine months
and 18 months from now.
The drugmaker joins Gilead
Sciences Inc. and AbbVie Inc. as
companies with therapies being
evaluated. A handful of other

companies have said they are
working toward developing a
vaccine. There aren’t any drugs
approved to treat coronavirus in-
fections, or vaccines to prevent
them, prompting pharmaceutical
companies to ramp up discovery
efforts.
Pfizer Inc. said Monday that
antiviral compounds it had devel-
oped are under review to see if
they could treat the coronavirus
infections. Pfizer said it hopes to
get results back this month, and
if positive, the company could
begin testing an experimental
drug in patients by the end of
the year.
—Jared S. Hopkins

Nili Gilbert
Co-Founderand
PortfolioManager,
MatarinCapital
Management

Jane Fraser
PresidentandCEO
GlobalConsumer
Banking,
Citigroup

Catherine P.
Bessant
ChiefOperationsand
TechnologyOficer,
BankofAmerica

A.J. Murphy
ManagingDirector,
SilverLake

©2020DowJones&Co.,Inc.Allrightsreserved.3DJ

REQUEST INVITATION: WSJ.COM/WIF


Featured Speakers:


MARCH 19, 2020 | NEW YORK, NY


JoinustoexaminehowwomenonWallStreetare
poisedtodriverealchangewithintheircorporate
ranksandacrosstheindustry,bringingtogether
inluential—andinspirational—leadersforfrank,
strategicconversationsaboutpoweringacareer
pathandbuildingstrongnetworks.

ProudlySponsoredBy:
Free download pdf