Research / White Paper•Jun 19, 2020
Post-Lockdown Economic Recovery in China: April and May
Using several data sources, this white paper documents facts of China’s post-lockdown economic recovery in April and May 2020. The main findings are summarized as follows.
- Truck flows and online consumption suggest a strong recovery.
- The recovery of online job posts stagnated.
- Smaller firms cut online job posts more dramatically in the first quarter. Such asymmetry became less pronounced in April.