Friday, April 3, 2020

The Chinese economy is slowly emerging from hibernation

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Little by little, the stores reopen, the factories restart. But the cessation of activity will leave its mark in China.

Employees wearing the mask work on Monday at an assembly line at a Dongfeng Honda car factory in Wuhan, central China's Hubei Province.
Employees wearing the mask work on Monday at an assembly line at a Dongfeng Honda car factory in Wuhan, central China’s Hubei Province. STR / AFP

Very slowly, China comes back to life. Subways, sidewalks or peripheral boulevards, empty since January, fill up a little more each day. In the parks, the cherry blossoms attract more and more walkers who leave their homes to take advantage of the first days of spring.

I started going out again, I’m much more relaxed. I even went to a flower market yesterdaySays Tong Jia, 35, who runs five clothing stores in Shanghai. Today, four of its stores are already open. She complied with the mandatory measures to welcome her first customers: temperature check at the entrance with an electronic thermometer.

Overall, there are still very few sales. But in recent days, more and more regular customers have returned“She exclaims, confident of being able to survive until the total recovery of the economy, which she hopes for at the end of the year.

For two weeks, China has shown that the measures

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