Saving China from the Coronavirus and Economic Meltdown: Experiences and Lessons

13 Pages Posted: 7 Apr 2020

See all articles by Yi Huang

Yi Huang

Graduate Institute of International and CEPR

Chen Lin

The University of Hong Kong - Faculty of Business and Economics

Pengfei Wang

HKUST, Department of Economics; Hong Kong University of Science & Technology (HKUST) - Department of Economics

Zhiwei Xu

Peking University HSBC Business School

Date Written: March 16, 2020

Abstract

What lessons could we learn from China’s responses to both the public health emergency and the subsequent potential economic and financial crises? In this paper, we chart a timeline of the coronavirus outbreak in China and the government’s responses. We also offer a case study of how the outbreak has affected small businesses (SMEs) to illustrate the economic policy implications of the COVID-19 crisis.

Keywords: COVID-19, coronavirus, pandemic, economic impact, policy response

JEL Classification: E21, E61

Suggested Citation

Huang, Yi and Lin, Chen and Wang, Pengfei and Xu, Zhiwei, Saving China from the Coronavirus and Economic Meltdown: Experiences and Lessons (March 16, 2020). Available at SSRN: https://ssrn.com/abstract=3570696 or http://dx.doi.org/10.2139/ssrn.3570696

Yi Huang (Contact Author)

Graduate Institute of International and CEPR ( email )

PO Box 136
Geneva, CH-1211
Switzerland

Chen Lin

The University of Hong Kong - Faculty of Business and Economics ( email )

Pokfulam Road
Hong Kong
China

Pengfei Wang

HKUST, Department of Economics ( email )

Clearwater Bay
Kowloon, 999999
Hong Kong

Hong Kong University of Science & Technology (HKUST) - Department of Economics ( email )

Clear Water Bay
Kowloon, Hong Kong
China

Zhiwei Xu

Peking University HSBC Business School ( email )

PHBS 612, Unversity Town,
Nanshan District
Shenzhen, Guangdong
China

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