It is the 3rd of April 2020

China Claims 95% Of SOEs Have Restarted Production. There's Just One Problem...

China Claims 95% Of SOEs Have Restarted Production. There's Just One Problem...

According to Ren Hongbin, China's vice director of state-asset regulator Sasac, more than 95% of SOEs in oil, petrochemical, communication, power grid and transport sectors have restarted production despite coronavirus outbreak, with the most severe virus impact in civil aviation and tourism sectors.

Ren reassured the world that the impact of the virus was "temporary" and China will maintain its operational targets for SOEs.

There's just one problem with all of this... real - un-manipulated - data exposes it as a total lie.

If 95% of SOEs are back in business, how are people getting to work if there is no congestion?

If 95% of SOEs are back in business, how are people getting to work since they are not using trains?

If 95% of SOEs are back in business, how are they powering their plants... because they're not using coal?

And finally, if 95% of SOEs are back in business, how are they doing that without producing any polluting emissions?

A miracle - the Chinese economy is back but using no power and producing no pollution!

So, either Greta will be jubilant at China's newfound emissions efficiency - or it's just another massive lie by the CCP desperate to maintain the illusion that everything's under control.

Oh and if that's not enough for you to see straight through China's lies, remember that 760 million Chinese - about half the population - remain on lockdown.

 

 

 

Tyler Durden Tue, 02/18/2020 - 17:10

==> Source: https://www.zerohedge.com/s3/files/inline-images/2020-02-18_6-29-20.jpg?itok=IB3VxMEw

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