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COVID-19 Series, EP1: Stop the bleeding

Updated: Dec 1, 2020 govt.chinadaily.com.cn Print
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Chinese economy amid COVID-19
Chapter 1: Stop the bleeding

In the early months of 2020, when China's COVID-19 situation was at its worst, China had taken drastic measures such as citywide lockdowns to curb the spread of the virus. It later achieved major strategic success in its nationwide epidemic control efforts.

At that time, the shell-shocked Chinese economy was in dire need of help. But as it turned out, it was not what happened but what didn't happen that was most notable. The world's second largest economy was spared the worst of the damage, with no economic chaos nor massive bankruptcies. What measures did China take to help stop its economic bleeding? Watch the video to find out.

This is the first episode of a five-part series on the Chinese economy amid COVID-19. Other episodes are listed below.

Chapter 2: Is China still an FDI magnet?

Chapter 3: This app is helping China reopen

Chapter 4: Unexpected winners

Chapter 5: Surging ahead in recovery

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