Workers wear protective face masks at a factory of home appliances company Galanz in Foshan, China, on February 18. China’s purchasing managers’ index bounced back strongly in March, up from an all-time low in February. Photo: EPA-EFE Workers wear protective face masks at a factory of home appliances company Galanz in Foshan, China, on February 18. China’s purchasing managers’ index bounced back strongly in March, up from an all-time low in February. Photo: EPA-EFE
Workers wear protective face masks at a factory of home appliances company Galanz in Foshan, China, on February 18. China’s purchasing managers’ index bounced back strongly in March, up from an all-time low in February. Photo: EPA-EFE
Hao Zhou
Opinion

Opinion

The View by Hao Zhou

China’s coronavirus-driven supply shock has eased, but it is bracing for a drop in demand

  • The domestic job market has softened and external demand from the US and UK is expected to slow down. More fiscal stimulus should be in the offing
  • Car sales may rebound as local governments launch policies to support the auto sector, but easing of curbs on the property sector looks unlikely

Workers wear protective face masks at a factory of home appliances company Galanz in Foshan, China, on February 18. China’s purchasing managers’ index bounced back strongly in March, up from an all-time low in February. Photo: EPA-EFE Workers wear protective face masks at a factory of home appliances company Galanz in Foshan, China, on February 18. China’s purchasing managers’ index bounced back strongly in March, up from an all-time low in February. Photo: EPA-EFE
Workers wear protective face masks at a factory of home appliances company Galanz in Foshan, China, on February 18. China’s purchasing managers’ index bounced back strongly in March, up from an all-time low in February. Photo: EPA-EFE
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