China's ambassador to Canada said on Wednesday that world's second-big...
OTTAWA - China’s ambassador to Canada said on Wednesday that world’s second-biggest economy will bounce back quickly once the new coronavirus outbreak has passed because it is still fundamentally healthy.
“The impact on the Chinese economy will be temporary and short lived,” Cong Peiwu told Reuters. China’s economic fundamentals remain robust and consumer spending and production have only been delayed, he said.The comments come as the number of new daily infections from the COVID-19 virus is increasing outside of China faster than inside, and that follows crippling Chinese restrictions imposed to stop its spread, including transport suspensions and the extension of the Lunar New Year holiday.
“After several weeks of fighting against this disease, the message is that COVID-19 is a virus that can be contained,” Peiwu said. “It’s a common challenge. We have to fight against the disease together.”
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