China estimate of the day

China estimate of the day

China estimate of the day

Wuhan has lifted restrictions and it looks like life is beginning to approach “stay in place” activity in Bay Area. This looks like it will take a prolonged effort of current efforts.

From Marginal Revolution on 2020 04 10

Regardless of why China’s activity remains lower than officially reported—whether it’s the virus, frozen demand, or a combination of factors—the point is that the country hasn’t yet begun to rebound.

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