Optimistic Comments From Chinese Officials on Coronavirus

So in other words, they are trying to change the public mindset to get the economy back up and running once again. On the other hand, Xinhua reported that Beijing will build a new mask factory within six days to meet the soaring demand for masks. This tells the opposite story of what the Chinese officials are trying to tell us. Below is the table of coronavirus cases, going up by more than 2k today and deaths going up by 106. So, this table shows a different picture, which is keeping risk assets bearish.