According to some experts, the number of new confirmed cases will cease to grow in mid-March or at the latest in April. mp.weixin.qq.com/s/Lr03gS-WRGTR…
At that time, the #epidemic will be controlled, and production and consumption activities will resume.
Although this optimistic forecast is likely to happen, the containment of the novel #coronavirus outbreak still faces many uncertainties including inaccurate data, lack of understanding of the disease pathology, loosened quarantine, and rising confirmed cases outside China.
It is also hard to balance the resumption of economic activities and the control of the epidemic.
Given the multiple constraints including the stagnation risk, high debt ratio and the balance of payments, it is suggested that fiscal and #monetarypolicies focus on securing the basic needs of the people,from the perspective of Sun Mingchun.
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