Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.
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https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013 Even without the appearance of this second pandemic, China's economy will also experience a period of severe recession. The reason is because they were under enormous pressure from US taxes in 2019 and left quite a few unemployed. and as soon as tariffs were reduced, the pandemic appeared and left many unemployed and businesses bankrupt. Therefore, they also need a lot of time to develop again. Don't rely on anyone who says the market will bounce back, even if he is an expert. The economic situation will show clearly in a few weeks.