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