An extended lack of income among workers, especially those with families, risks a major increase in urban poverty, one expert warned. Photo: EPA

Coronavirus: tales of economic woe spread on Chinese social media as workers, small businesses suffer

  • Acute economic pain is gripping many people in China as the coronavirus erases potential income streams and business revenues
  • A survey found that two thirds of Chinese small businesses expect to fail if they have no revenue for two months
Topic |   Coronavirus outbreak

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An extended lack of income among workers, especially those with families, risks a major increase in urban poverty, one expert warned. Photo: EPA
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Sidney Leng

Sidney Leng

Sidney Leng joined the Post in 2015 after spending a year and a half working for US media, including National Public Radio and Foreign Policy Magazine. He has been covering China's macroeconomic policies and financial regulations since 2016.