Households and businesses are losing their capacity to withstand shocks, an economist warns. Photo: AP
Households and businesses are losing their capacity to withstand shocks, an economist warns. Photo: AP

China economy: data paints bleak picture of coronavirus-hit activity

  • Many families and businesses are losing their ability to resist economic shocks, expert warns
  • Vouchers and cash subsidies could help ‘spur spending in the short term’

Households and businesses are losing their capacity to withstand shocks, an economist warns. Photo: AP
Households and businesses are losing their capacity to withstand shocks, an economist warns. Photo: AP
READ FULL ARTICLE