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AlwaysOptimistic

04/01/20 1:47 PM

#59899 RE: OntInvestor #59898

True. Apple has opened its stores in China and they are getting back to manufacturing though not at the levels previous to the pandemic. People are seen out in public though everyone is still wearing masks. Traffic halt will be lifted next week for Hubei Province.

https://www.wsj.com/articles/chinas-coronavirus-battered-economy-shows-tentative-signs-of-renewed-life-11585629575

"...the data rebound is largely confined, for now, to an improvement in sentiment after two months in which the economy ground to a near-total halt as the coronavirus swept across China, forcing the government to implement strict measures to prevent its spread.

China’s statistics bureau cautioned that the sharp rebound in the manufacturing PMI reading didn’t mean economic activity had returned to pre-virus levels. The bureau said the result merely reflected the resumption of work after more than a month of forced idleness."