facebookEconomists have upgraded their forecasts for China's GDP to increase 1.5% in Q2 from a year earlier. Why is it that China is able to pick up so quickly despite COVID-19? - Seedly

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Anonymous

18 Aug 2020

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Economists have upgraded their forecasts for China's GDP to increase 1.5% in Q2 from a year earlier. Why is it that China is able to pick up so quickly despite COVID-19?

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China managed to stop the spread quickly through the use of force by the government. Recovery phase can come quickly, helped by the large domestic demand.

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