Economic recovery from the #coronavirus will be much harder than we think - The Washington Post
▻https://www.washingtonpost.com/outlook/2020/05/08/coronavirus-economic-recovery-disaster
... the idea that life will soon return to normal is a fantasy, especially given new government estimates that show we might be facing 3,000 daily deaths by the end of the month — the equivalent of a 9/11-scale tragedy every single day. Yet even leaving the human and health-care toll aside, the scale of the economic problem ahead is larger and worse than our leaders and politics appear capable of handling — or even recognizing.
#Coronavirus: China faces historic test as pandemic stokes fears of looming unemployment crisis | South China Morning Post
▻https://www.scmp.com/economy/china-economy/article/3083513/coronavirus-china-faces-historic-test-pandemic-stokes-fears
Gros problèmes en Chine aussi, mais les autorités ne font pas semblant de ne pas les voir.
Across the country, it is not uncommon to see stores closing or popular restaurants near universities struggling because students are not yet back at schools.
In some manufacturing hubs, migrant workers are still waiting for factories to reopen, as deadlines for resuming production are pushed out due to declining global demand.
While China began to restart its economic engines in mid-March after months of crippling nationwide lockdowns, a number of sectors are still struggling to recover.
For the first time in decades, China’s labour market is under pressure on multiple fronts, a challenge that was underlined after the country posted its first economic contraction in more than 40 years in the first quarter.