SINGAPORE (Mar 20): China is getting back to work as the Covid-19 epidemic subsides. In an ironic twist, China has announced a 14-day quarantine for people arriving from overseas. And though China is set to announce a contraction for the first quarter this year — its first in 40 years — the worst could be over for the country.

Parts of China including Hubei province with a population of 60 million were in vir-tual lockdown in January and only gradually started opening up in February. No surprise then that economists are expecting the Chinese economy to contract both y-o-y and q-o-q.

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