The Potential Impact of COVID-19 on the Chinese GDP, Trade, and Economy

Zohal Habibi, Hamed Habibi and Mohammad Aqa Mohammadi
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Zohal Habibi: Department of International Economics, School of Economic, Hefei University of Technology, Hefei 230009, China
Hamed Habibi: Department of International Economics, School of Economic, Hefei University of Technology, Hefei 230009, China
Mohammad Aqa Mohammadi: College of Horticulture, Fujian Agriculture and Forestry University, Fuzhou 350002, China

Economies, 2022, vol. 10, issue 4, 1-16

Abstract: COVID-19, a novel Coronavirus SARS-CoV-2, has wreaked havoc on global financial markets, economies, and societies. For example, this study looks at the impact of COVID-19 on the Chinese economy and its policy responses (fiscal, monetary, and institutional). This study also examines future issues. This study is timely and essential for policymakers and investors worldwide because of China’s size, contribution to global growth, and growing influence. The research shows that the presence of COVID-19 in China has global implications. Because of the virus threat, foreigners avoid mixing with the Chinese. Global tourists have cancelled their plans to visit China, and Chinese tourists cannot visit foreign countries. The rapid spread of the COVID-19 in China has halted normal life. The intensification of the COVID-19 may have long-term effects on China’s economy.

Keywords: COVID-19; trade; GDP; economy (search for similar items in EconPapers)
JEL-codes: E F I J O Q (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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