Has COVID-19 ended Chinese urbanisation?

Advertisement

Via Capital Economics:

It’s early days, but those people movement charts are unsettling. Has COVID-19 delayed or derailed Chinese urbanisation?

There are lots of levers it can pull to get people moving again: Hukou reform; shanty town development; reduced macroprudential limits, even forced evictions. But there is no silver bullet when folks fear for their lives in the cities.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.