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

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