China’s Uneven Reopening Shows Fear Might Hold Back Economies

How do you restart the global economy following a coronavirus-induced lockdown? China is the test case, and getting workers back to work is proving a lot easier than getting them to shop or patronize restaurants. On this week’s episode, Stephanie Flanders talks to Bloomberg Beijing bureau chief Sharon Chen about her recent visit to Wuhan, the starting point of the pandemic, and her subsequent 14-day quarantine when she returned home. Flanders also speaks with Bloomberg chief Europe economist Jamie Rush about how lifting restrictions will translate into increased economic output. Then, in an excerpt from a panel discussion, former European Central Bank President Jean-Claude Trichet has some strong words about the Group of 20’s response to the pandemic, along with inflation targeting and a few other topics.

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Will Covid-19 reshape the global economy or simply shrink it? What are nations doing to protect jobs and businesses from the fallout, and what will the long-term consequences be for labor markets, global supply chains and government finances? On Stephanomics, a podcast hosted by Bloomberg Economics head Stephanie Flanders—the former BBC economics editor and chief market strategist for Europe at JPMorgan Asset Management—we combine reports from Bloomberg journalists around the world and conversations with internationally respected experts on these and other issues to bring the global economy to life.