Coronavirus News Asia

China needs to get the economy off ‘life-support’

Covid-19 has seriously infected China’s business community. In February, leading manufacturers hardly registered a heartbeat as vast swathes of the country went into lockdown.

But the big question now is will the economy flatline in the months ahead? Stay on life-support? Or make a robust recovery?

Initial indications appear to carry a health warning. Earlier this week, the influential China Beige Book released its findings from an independent survey of more than 3,300 Chinese companies for the first quarter. The “early look brief” made riveting reading.

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