China owes Germany at least £130 billion for coronavirus damages: Germany’s Bild newspaper

Germany has followed, France, UK and the United States in their search to find the source of the coronavirus following the virus going pandemic and imposing a humongous economic cost on the global economy.

Bild, a major German newspaper has come up with £130 billion invoice stating that Beijing “owes” Berlin the cost following the impact of the coronavirus on its economy. The development comes midst findings that China appears to have covered up the true scale of the crisis with the source of the outbreak continuing to remain a mystery.

On Saturday, U.S. President Donald Trump issued a warning to Beijing saying it would face consequences if it was “knowingly responsible” for unleashing the coronavirus pandemic.

“It could have been stopped in China before it started and it wasn’t, and the whole world is suffering because of it. If it was a mistake, a mistake is a mistake. But if they were knowingly responsible, then there should be consequences,” said Trump to reporters.

He went on to add, the Chinese were “embarrassed” and the question was whether what happened with the coronavirus was “a mistake that got out of control, or was it done deliberately?”

Trump and his senior U.S. government officials have repeatedly accused China of lacking transparency.

Earlier last week, the Chinese city of Wuhan, where the outbreak started, revised its number of fatalities with a sudden hike of 50% jump.

The United Kingdom has joined US intelligence officials in investigating the source of the coronavirus.

Bild arrived at the sum of €1,784 (£1,550) per person if Germany’s GDP falls by 4.2 percent, under the title “What China owes us.”

China responded by claiming the invoice “stirs up xenophobia and nationalism”.

Categories: Creativity, Economy & Finance, Entrepreneurship, Geopolitics, Strategy

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