Posted on 02/09/2020 5:49:13 PM PST by datura
China has stepped up economic support measures in recent weeks to prop up a domestic economy straining under the coronavirus outbreak.
Most businesses and business activities have shut down since the Chinese New Year in late January. Some business activities will resume beginning Feb. 10 but the ongoing coronavirus outbreak is expected to have a debilitating impact on the world’s second-biggest economy in early 2020.
(Excerpt) Read more at theepochtimes.com ...
Time will tell.
Sorry for the short excerpt, but need to drive again.
Functional Link:
Blue Horseshoe loves Annacott Steel.
Was the author of the virus Who Flung Flu?
Gray rhino” is a term meaning large and visible problems in the Chinese economy that are usually ignored—not completely dismissed but they’re risks which are known and managed. “Black swans” describes a risk or event that comes as a complete surprise and brings about severe consequences. Economists are most fearful of such “black swans.
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