Skip to content
economics

China’s Uneven Reopening Shows Fear Might Hold Back Economies

Going back to work seems less scary than shopping or eating out.

Pedestrians wear protective face masks in a shopping area in Beijing on April 4.

Pedestrians wear protective face masks in a shopping area in Beijing on April 4.

Photographer: Giulia Marchi/Bloomberg

Subscribe to Stephanomics on Apple Podcasts
Subscribe to Stephanomics on Pocket Casts
Subscribe to 
Stephanomics on Spotify

How do you restart the global economy following a coronavirus-induced lockdown? China is the test case, and getting workers back to work is proving a lot easier than getting them to shop or patronize restaurants. On this week’s episode, Stephanie Flanders talks to Bloomberg Beijing bureau chief Sharon Chen about her recent visit to Wuhan, the starting point of the pandemic, and her subsequent 14-day quarantine when she returned home.

Flanders also speaks with Bloomberg chief Europe economist Jamie Rush about how lifting restrictions will translate into increased economic output. Then, in an excerpt from a panel discussion, former European Central Bank President Jean-Claude Trichet has some strong words about the Group of 20’s response to the pandemic, along with inflation targeting and a few other topics.