Economics

China’s Economy Won’t Be Overwhelmed by Virus Epidemic: Xinhua

Chinese paramilitary police wear protective masks in a nearly empty shopping area in Beijing on Feb. 16.Photographer: Kevin Frayer/Getty Images
Lock
This article is for subscribers only.

The novel coronavirus epidemic had some temporary impact on China’s economy but won’t overwhelm it, the official Xinhua News Agency says in a commentary on its website.

Sound long-term economic trends haven’t changed, the commentary says, adding that the Chinese economy is a sea, not a small pond.