Caixin
Mar 20, 2020 09:12 PM
OPINION

Wang Shuo: There’s a Better Way to Reboot the Economy After Covid-19

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Pig-farming equipment is manufactured in Meishan, Southwest China's Sichuan province, on March 12. Photo: IC Photo
Pig-farming equipment is manufactured in Meishan, Southwest China's Sichuan province, on March 12. Photo: IC Photo
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China’s Covid-19 outbreak has been contained, but what about the Chinese economy?

To answer this question, we first need to look at what is happening around the globe: there are countries that have been gradually closing their borders, cities under lockdown and people forced to stay home. This is a once-in-a-century phenomenon.

In terms of disease control, the situation in East Asia is generally stable. The novel coronavirus has been contained in China, and it is largely under control in South Korea. Japan has prevented its outbreak from turning into a disaster.

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