Wednesday, March 25, 2020

China Tries to Restart its Economy Without Risking Lives

China was mostly shutdown in late January. Since then, the number of coronavirus cases have decreased due to their drastic measures. Now, China is preparing to restart their economy. Lockdown of Hubei province, ground zero, is being lifted. While all of this is a risky move, it will provide information to other countries on how long the epidemic will last.

China's economy has suffered throughout these past 2 months. Their GDP is predicted to fall by 9% in the first quarter. This is due to the measures they took to contain the virus. While they are preparing to restart business and production, they have to find a good balance of work and safety. The new fear is the potential of a second wave of the virus through China.

Policies and campaigns are being implemented to encourage people to go back to work, and to help prevent businesses from failing. Money is being spent on medical supplies, treatment, and infrastructure projects. This is an attempt to help promote jobs in China. Other countries will most likely follow similar policies based on how China recovers. Hopefully, China will show us how long quarantine will last.

Do you think China should continue to raise lockdowns, or wait until the virus is eradicated in China before they restart their economy?

https://www.cnn.com/2020/03/24/economy/china-economy-coronavirus/index.html

1 comment:

Anonymous said...

I think that it is hard to tell because I do not think China is actually telling the whole truth with how many people are actually infected. I think that their government should implement lockdown until they have less cases but back it a little more lenient, more like what Ohio and some other states have in place right now. I am not sure how serous their lockdowns are in China, but I think that they could at least lessen the amount of military surveillance they have in place.