A woman wearing a mask walks past a road blockade made mostly of shared bicycles in Guangzhou, Guangdong province, on February 24. Although regions less affected by the coronavirus, such as Guangdong, have resumed work faster after the Lunar New Year holiday, businesses are still far from operating at full capacity. Photo: EPA-EFE
Opinion
Opinion
Macroscope
Coronavirus crisis: at this rate, how is China’s economy going to recover lost ground?
- The latest consensus forecast for the Chinese economy is rather upbeat, and must reflect expectations of further stimulus measures. However, the government’s virus containment efforts continue to hamper the resumption of economic activity
A woman wearing a mask walks past a road blockade made mostly of shared bicycles in Guangzhou, Guangdong province, on February 24. Although regions less affected by the coronavirus, such as Guangdong, have resumed work faster after the Lunar New Year holiday, businesses are still far from operating at full capacity. Photo: EPA-EFE