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The coronavirus pandemic has been pummeling the global economy, causing many governments to take extraordinary measures to prevent financial collapse. The initial outbreak of what is now a global pandemic happened in China, and months later the country seems to be recovering. But as the government tries to jump-start the nation’s stalled economy, it faces huge challenges. Heiwai Tang, professor of economics and associate director of the Institute for China and Global Development at Hong Kong University sheds some light on the situation.
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