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China Talks Up Post-Virus Rebound as World Economy Shuts

  • Most of China is “low-risk” & returning to normal: Premier Li
  • PBOC official Chen sees economic rebound in the second quarter
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China Talks Up Post-Virus Rebound
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China’s government is talking up the prospects for a rapid economic rebound from the coronavirus, even as the global economy sees further lockdowns to curb the spreading disease.

Since Friday, the premier, who leads economic policy making, and a senior central-bank official, have pointed to the control of the outbreak and the resumption of activity as reasons for optimism with regards to China’s outlook.