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The Corona-virus crisis caused Financial Crisis
The Chinese government could face an “economic crisis” if the outbreak doesn’t abate, The Economist Intelligence Unit (EIU) wrote in a note last Friday, before the Xi speech was published. As China struggles to get back on its feet, with factories starting to reopen and workers trickling back, progress is slow. Returning workers need to follow quarantine orders, meaning factories are still operating at limited capacity.
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