East Asia needs better coordination to beat pandemic, stabilise economy

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BEIJING: As the Covid-19 (coronavirus) rages across the globe, Chinese Premier Li Keqiang joined other East Asian leaders in a special video meeting on Tuesday (April 14) to address the dual challenge of beating the coronavirus disease and reinvigorating the economy.

BEIJING: As the Covid-19 rages across the globe, Chinese Premier Li Keqiang joined other East Asian leaders in a special video meeting on Tuesday to address the dual challenge of beating the coronavirus disease and reinvigorating the economy.

And in their joint battle against the deadly pathogen, those countries have exemplified the spirit of humanitarianism and good-neighborliness by helping each other with urgently needed medical supplies like face masks and protective gears. The countries in the region need to take the video meeting as an opportunity to step up their joint prevention and control measures, and to align their efforts in research and development of effective drugs and vaccines.

The UN Economic and Social Commission for Asia and the Pacific also predicted that the Covid-19 pandemic would cost the Asia-Pacific region 0.8% of gross domestic product, an estimated US$172bil, due to a massive drop in global demand for their exports alone.

 

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