Coronavirus latest: Trump suggests G-7 leader gathering possible

The Nikkei Asian Review is tracking the spread of the new coronavirus that originated in the central Chinese city of Wuhan.

Global cases have reached 4,801,6202, according to the World Health Organization.

The worldwide death toll has hit 318, 935.

To see how the disease has spread, view our virus tracker charts:

(Source photo by AP) 

Here are the latest developments (Tokyo time):

Thursday, May 21

9:10 a.m. Airline Lufthansa said on Thursday it is in advanced talks with the German government’s economic stabilization fund over a rescue deal worth up to 9 billion euros ($9.9 billion), including

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Beijing Diary: The foreign leader Xi Jinping has yet to call

The Chinese government is battling to contain the coronavirus outbreak that has infected tens of thousands and killed more than 4,000 people, while spreading worldwide. Nikkei’s bureau chief in China, Tetsushi Takahashi, is on the ground in the capital and is filing dispatches on what he sees.

Friday, May 15

Chinese President Xi Jinping has been on a “telephone offensive” amid the coronavirus pandemic.

On Wednesday evening alone, he called Sri Lankan President Gotabaya Rajapaksa and South Korean President Moon Jae-in in quick succession.

“With arduous efforts, China and South Korea have both effectively contained the epidemic,” Xi told Moon,

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Shell backers push for plan to replace leader Ben van Beurden after historic cut to payout

Another major fund manager said that while there was no desire for an immediate rejig, it would be good for shareholders to have more “visibility on senior management and divisional heads” so they could spot potential successors to Mr van Beurden. A detailed future plan is also missing, the source said.

“The dividend cut was the right thing to do, but it was disappointing that there was not as much forward looking vision as we would have liked.

“What will they do when the oil price recovers? What will they prioritise when they have cashflow to spare?”

Investors are also

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Hong Kong leader reshuffles cabinet as Beijing tightens oversight

HONG KONG — Chief Executive Carrie Lam unveiled her new top administrative team on Wednesday, in a reshuffle that comes amid immense controversy over the roles and powers of Beijing’s representatives in Hong Kong.

Speaking at a news conference shortly after Chinese state media announced the personnel changes, Lam said the move will give her government fresh impetus to map out strategies to revive the city’s economy, which has been battered over the past year by social unrest and the coronavirus pandemic.

Lam’s news conference came shortly after China’s State Council announced the appointment of five new principal officials in

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