China’s small and medium-sized businesses are critical for the economy, but many are worried about the impact of the coronavirus. Illustration: Lau Ka-kuen

Coronavirus: China’s small firms at risk while outbreak poses challenge to Beijing’s grand economic goals

  • As coronavirus dents Lunar New Year sales season, small firms in China worry about 2020 businesses outlook
  • Most small firms, a cornerstone of economic activity and jobs, do not have reserves to weather a major economic storm
Topic |   Coronavirus outbreak

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China’s small and medium-sized businesses are critical for the economy, but many are worried about the impact of the coronavirus. Illustration: Lau Ka-kuen
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Zhou Xin

Zhou Xin

Zhou Xin co-leads the political economy team at the Post. He mainly covers economic stories but also writes about Chinese politics and diplomacy. He has previously worked for Reuters and Bloomberg in Beijing.

He Huifeng

He Huifeng

He Huifeng is an award-winning journalist and has been focusing on mainland news reporting since 2001 for several overseas media. She has gained an in-depth knowledge of political, economic and social issues on the mainland through years of close observation, which has given her a love for journalism in the field.

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.