China getting back to business as worst of coronavirus outbreak in country appears to be over

The Chinese economy is slowly recovering from the Covid-19 epidemic, with production facilities, stores and leisure complexes resuming operations after weeks-long closures.

The coronavirus outbreak could have already “passed its worst,” the regional chief investment officer of UBS Global Wealth Management said as the number of new infections is declining in the country, but surges everywhere beyond it. Thus the Chinese economy may become “the first in the world” to get back to normal, the bank’s official believes.