As China crawls up, world shuts down

China continues to crawl back towards normal activity. Via Capital Economics:

While the rest of the world advances into shutdown. Europe:

Asia:

US:

And if you think that China can resist a global shock, let alone when it is already on its knees, then think again:

The post-virus v-shaped recovery narrative is fantasy for China as it is everywhere else.

David Llewellyn-Smith
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