China all set to escape global economic slump

With the coronavirus pandemic tearing around the globe at a terrifying pace, warnings are multiplying over its economic consequences, with experts saying it could cause more damage than the Great Depression. While the rest of the countries are struggling, let's take a look at how China is all set to escape the global economic slump:

Lockdown

While a majority of the countries in the world are under a lockdown, restrictions have been lifted in Hubei district, including the epicentre of the virus Wuhan in China.

(Photograph:WION)

Factories

While factories across the globe are been shut down, assembly lines are up and running in China.

(Photograph:WION)

Tourists

While tourist spots are empty across the world, the Great Wall of China and the Beijing zoo have reopened in China.

(Photograph:WION)

Aviation

While the global aviation industry has been decimated, the scheduled capacity of the Chinese aviation industry has gone up 2.4 per cent.
 

(Photograph:WION)

Travel

While only essential foreign travel is allowed globally, travel curbs have been lifted in China.
 

(Photograph:WION)

Medical facilities

While there is an international shortage of medical equipment, China is exporting ventilators, masks and test kits.
 

(Photograph:WION)

Topics