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Monday, February 10, 2020

Beijing, Shanghai and Chongqing are in lockdown now.

https://www.taiwannews.com.tw/en/news/3873964

https://www.taiwannews.com.tw/en/news/3874064

We can say with certainty that China's economic growth for the 1st and 2nd quarters will be affected by this virus outbreak.  The 2nd quarter will be worse than the 1st quarter because the 2nd quarter will reflect the full economic impacts.

Hopefully, China can protect its 3rd and 4th quarters for 2020.

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