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What a Visit to Wuhan Can Teach Us About the Recovery

There may be no better place to learn how to restart an economy.

Customers wait for their orders outside a McDonald’s in Wuhan on May 1. 

Customers wait for their orders outside a McDonald’s in Wuhan on May 1. 

Photographer: Qilai Shen/Bloomberg

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Wuhan will forever be known as the place where Covid-19 and lockdowns began. But the Chinese city also might be the best place to learn how to restart the global economy. On this week’s episode, Stephanie Flanders talks to Sharon Chen, Bloomberg’s Beijing bureau chief, about the lessons we can learn from Wuhan’s efforts to get life—and business—back on track, and why it pays to be in the instant noodle business right now.

Flanders also speaks with Bloomberg Economics’ Tom Orlik about his new book, “China: The Bubble that Never Pops.” From the financial system to real estate and banking, Western commentators always seem to be waiting for the world’s second-largest economy to blow up. So why hasn’t that happened yet?