Workers make face masks at a plant of Chinese underwear brand Threegun Group in Shanghai on April 8. China’s ability to ramp up production of personal protective equipment to meet global demand underscored its industrial capacity and status as workshop of the world. Photo: Xinhua
Workers make face masks at a plant of Chinese underwear brand Threegun Group in Shanghai on April 8. China’s ability to ramp up production of personal protective equipment to meet global demand underscored its industrial capacity and status as workshop of the world. Photo: Xinhua
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Coronavirus recovery: rapid response leaves China better placed for 2021 than US, Europe

  • Investors have taken note of China’s recovery as overseas capital has moved into yuan-denominated assets and helped fuel a rise in the value of the renminbi
  • China’s more stable economic footing will give it more monetary policy options than Europe or the US and make it more attractive to investors

Workers make face masks at a plant of Chinese underwear brand Threegun Group in Shanghai on April 8. China’s ability to ramp up production of personal protective equipment to meet global demand underscored its industrial capacity and status as workshop of the world. Photo: Xinhua
Workers make face masks at a plant of Chinese underwear brand Threegun Group in Shanghai on April 8. China’s ability to ramp up production of personal protective equipment to meet global demand underscored its industrial capacity and status as workshop of the world. Photo: Xinhua
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