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Business Matters: Coronavirus: China admits 'shortcomings and deficiencies'

coronavirus BM.jpg

04/02/2020 GMT

Coronavirus: China admits 'shortcomings and deficiencies'

BBC World Service - Business Matters, Coronavirus: China admits 'shortcomings and deficiencies'

Many companies in China remain shut after the Chinese New Year holiday

We hear about criticism of the Communist Party as many companies remain shut after the Chinese New Year holiday

As the number of people contracting coronavirus continues to grow in China and abroad, we chart the latest developments in the spread of the disease and hear about criticism of the Communist Party. Many companies in China remain shut and this is already impacting the wider global economy. In the US, all eyes are on the Iowa caucuses, the first contest in the long Democratic primary season. The BBC’s Chris Buckler joins us for an update, as voters decide who they want to lead the Democrats against Trump. Also in the programme, planemaker Airbus has agreed to pay $3.6bn in fines after admitting it paid bribes to land contracts in more than 20 countries. We head to India to look at the budget which Prime Minister Modi hopes will reboot a slowing economy with the help of a new tax system. And if a food Delivery Company starts delivering your food and making money from it - without telling you - would you be thrilled or furious? We speak with Janelle Bitker, the San Francisco Chronicle food enterprise reporter who has been investigating the growth of food app touts in California.  

All this and more discussed throughout the show with our two guests: Erin Delmore, a political journalist - who's in New York and Sushma Ramachandran, a business journalist and columnist for The Tribune newspaper in Delhi.     

(Picture: Medical workers hold a strike in Hong Kong to demand the government shut the city's border with mainland China. Credit: Getty Images)

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