It's always a balancing act. The severity of the actions that should be taken in order to prevent the new coronavirusets the spread versus how much of the community that is going to be shut down. In China, the shut down of virtually the whole of the country during the two months after the new coronavirus was spreading.
the hardest hit were the restrictions for the residents of the 11-miljonersstaden in xi'an, where the virus originated. They are told, and only one person was under strict time constraints to go out and do some shopping. Similar to what it looked like, in the entire Hubeiprovinsen, in which Wuhan is the capital city. In total, more than 50 million people travel from the 24th of January.
large cities such as point-and-Shanghai turned down a great deal. People were stuck indoors most of the time, was closed-up, subway coaches in the largely empty, and the only ones who were able to work from home were up and running.
. On Wednesday, the day lifted the travel restrictions in the Hubeiprovinsen. Those that have been certified as virus-free get out of the region. 8 april, the residents of Wuhan's turn to once again get moving.
at the same time, production in China was resumed. More than 90 per cent of the industrial firms is now up and running, according to the regime. In the small-and medium-sized businesses, it goes slower and slower, only about 60 per cent, has been relaunched.
Nike's ceo John Donahoe says it is now optimistic for the rest of the world, look at China, it is a sign that the viruskrisen soon as you can.
and most of them would probably believe him. But the Donahoes, the statement is only a prediction, among many others, in these uncertain times. For this there are many unpredictable variables involved.
the rest of the world is only at the beginning of the smittspridningsfasen and is the world's largest economy, the united states will manage to overcome the crisis is highly uncertain. In addition, it is far from certain that the danger is over in China. Many are warning of a second wave of infection of imported cases. In addition, reports on the recent statistics of low-level domestic spread of disease is partially fabricated, and the results of that testing, jobs in Wuhan, and stopped to count the ones that are infected but symptom-free.
it has been seriously affected by the virus. In the first quarter, everything is almost at a standstill in the two months of the year. Most of the time collapsed, and most of them expect a decline in the economy in the first quarter, or the race, if you'll believe Goldman Sachs analyst who predicts a fall of 9 per cent.
in These troubling economic signals, however, may have accelerated the pace of the chinese decision-makers to shift to a clear focus on the economy.
the Prime minister, Li Kequiang, has several times urged the companies to the kick-off. It has offered tax credits to small businesses that are hard hit, and investment in infrastructure. How long that will be enough to host up and running on the chinese economy, it remains to be seen.
Read more: Now, it will be allowed to travel in the Hubei province once again.
for more information, see the contagion to the U.S. economy.