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The Strength of China’s Economic Rebound Depends on the Rest of the World

  • Earliest indicators rose from lowest position in March
  • Global outlook poses risks to tentative stabilization
An employee works on the production line of the Swire Coca-Cola Beverages Hubei in Wuhan on March 24.

An employee works on the production line of the Swire Coca-Cola Beverages Hubei in Wuhan on March 24.

Photographer: Getty Images

Updated on

China is showing signs of emerging from the slump seen in February, according to a range of the earliest available indicators of the economy, but the strength of the rebound will depend on how other nations fare.

China’s economic data crashed to record lows last month after the government shutdown restricted business and movement nationwide in an attempt to stop the spread of the coronavirus. Now, with new domestic infections at or near zero for more than a week and work resuming, companies are sounding more upbeat about the situation.