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Coronavirus impact: China economy normalising, yet stark risks remain, says IMF

Most larger Chinese firms have reopened and many local employees have returned to work, but infections could rise again as national and international travel resumes, IMF says

twitter-logoReuters | May 14, 2020 | Updated 10:46 IST
Coronavirus impact: China economy normalising, yet stark risks remain, says IMF
International Monetary Fund

China's economy is beginning to show some signs of normalization following the full-blown shock caused by the coronavirus, but stark risks remain, International Monetary Fund officials said in a blog on the economic impact of the pandemic.

Most larger Chinese firms have reopened and many local employees have returned to work, but infections could rise again as national and international travel resumes, the IMF officials said.

Outbreaks in other countries and financial market gyrations could make consumers and firms wary of Chinese goods just as the economy is getting back to work, they said.

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