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? - Seedly
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Anonymous

Asked on 23 Jun 2020

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?

Any thoughts on this?

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Lee John
Lee John
Level 7. Grand Master
Answered on 18 Aug 2020

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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ūüĎć
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