Usc Ibear Business Class

Are the numbers coming out of China real? Will China record any positive GDP growth for the year? Will global companies change their strategies to remove the China bottleneck in their supply chains? Business Class continues its look at the economic impact of the Covid-19 virus with Clay Dube, Director of the USC US-China Institute. “The Chinese economy fell off a cliff,” notes Clay Dube as he takes us through what is known and what is speculated around Covid-19 in China. The Good – “There are aspects that can only be described as good; things that they did that proved effective.” The Bad - “The fumbling at the outset, where they internally didn't recognize the enemy that they were facing.” The Ugly – “Some of the ways that the Chinese government cracked down or locked the country down might be described as pretty harsh.” It is becoming clear that mistakes and missed opportunities in China, the US and many other countries are unifying factors in this global pandemic. To maintain social distancing, this in