If we compare China with the United States now, there are a lot of interesting things that can be noticed. Chinese economy came under tremendous stress, but there was no news of mass layoffs and economic collapse. But within the initial few weeks, millions have become unemployed in the United States and the economy is near breaking point. This just shows that which economy is more resilient.
One thing we can’t be sure about China is the news which they tell it. World knows that China media is controlled by government and only what they want us to show or say they will only telecast that since they are not a democratic country where media is free to show the reality. So even if there is a mass unemployment the government would not make it show just like how US is telling now that the death in Covid 2019 in China is more than that of US but they are not showing it.