Wuhan was the epicenter of the outbreak in China.
The city has been on lockdown since January 23. The longest lockdown anywhere in the world officially ends on April 8. Wuhan has already partially reopened and life is returning to normal there.
“WUHAN: Wuhan, the central Chinese city where the coronavirus first emerged last year, partly reopened on Saturday after more than two months of near total isolation for its population of 11 million.
The city in Hubei province was placed under lockdown in January with roadblocks ring-fencing its outskirts and drastic restrictions on daily life
But the major transport and industrial hub has now signalled the end of its long isolation, with state media showing the first officially sanctioned passenger train arriving back into the city just after midnight. …”
Keep a close eye on Wuhan.
The economy doomers have assured us that it impossible to bounce back from a lockdown. It is better to let millions of people get infected and die from the virus rather than suspend liberalism for a month.
“One of the more telling smartphone memes that has been doing the rounds is the one that looked like a WhatsApp page that began by saying, “China created the group Covid-19”. The next message on the screen was, “China added You”. Then came, “China added the World”. The final punchline was, “China left”.
Most comedy is funny because of an element of truth running through the gag. China this week reported its purchasing managers’ index (PMI), a leading indicator of how the economy might perform.
It was a massive 52 in March, much higher than the expectation of 44.8, and comes on the back of a really shocking figure in February of 35.7. A figure of over 50 indicates that the economy is expanding, and this kind of expansion is way above anything that has been seen for a decade, even though we should expect a significant, if unsustainable, rebound. …”
The Chinese economy is bouncing back.
Yesterday, China reported 30 new cases and 3 deaths from the virus.