The economy of Wuhan: A hub of commerce, education, industry and politics

Economy of Wuhan

For many globally, Wuhan has recently been put on the map from being the epicenter of the COVID-19 pandemic. However, even before COVID-19, Wuhan was newsworthy for its economic importance and key roles in transportation, education, industry and politics. Situated in central China on the middle reaches of the Yangtze River, Wuhan commands one of […]

China’s recovery from the Coronavirus outbreak

China's economic recovery from the Coronavirus

The Coronavirus’ impact on the Chinese economy hit some industries more than others. While some businesses still struggle to recover from shutdown; there is clear evidence for hope in China’s recovery from the Coronavirus. The Economist Intelligence Unit predicts China will be one of three G20 nations without an economic recession. Current predictions of China’s […]

Changes in Chinese consumer demand during the Coronavirus

Chinese consumer demand during Coronavirus

What does China need more of? We observed Chinese consumption during the Coronavirus and witnessed a radical shift from brick and mortar physical services towards online services in China. Given the number of people self-quarantined in their homes, those that frequented physical stores, gyms, and workplaces, are now trying out virtual offerings. Newcomers such as […]

Comparing SARS and Coronavirus economic impact

Coronavirus and SARS

The novel coronavirus pneumonia (now known as COVID-19) was first encountered in the city Wuhan in December 2019. Like other coronaviruses, COVID-19 can cause various symptoms such as fever, coughing, and shortness of breath. In 2002 and 2003, Severe Acute Respiratory Syndrome (SARS-CoV) plagued China. The novel coronavirus outbreak echos that of SARS in 2003, […]