[WEBCAST] The Economic Impact of Coronavirus: China, Asia, and the World

This is the eighth in a series of webcast events by the Asia Society Policy Institute (ASPI) entitled “Coronavirus, Asia, and the World.” Throughout the coming weeks, ASPI will be presenting web-only programs every Tuesday and Thursday to analyze the scope of the ramifications from the novel coronavirus across the Asia-Pacific region and the world. All events will be live-streamed on Facebook. For information about future events in this series and for ASPI’s additional coronavirus content see here. This event is done in partnership with Asia Society Switzerland.

The COVID-19 pandemic has not only been devastating for public health, it has also caused economic downturns across the globe, with fears of recession abounding. While many countries around the world are still grappling significantly with the virus, China has begun to start the long trek toward economic and social recovery.

The impact of COVID-19 on economies, societies, and government responses are substantial and will continue to play out for months and years to come. As the outbreak continues to disrupt jobs, businesses, trade, supply chains, foreign investments, and tourism, the global economic impacts are expected to grow and worsen. And despite a reported ‘tentative truce’ between the U.S. and China on COVID-related matters, other aspects of the bilateral relationship continue to deteriorate.

What effect did the coronavirus outbreak and the response to it have on China’s economy, and how does the situation look right now? How are economies across Asia and around the world responding to the economic fallout of the pandemic? And how will the world economy be changed as a result of the coronavirus spread?

For this Coronavirus, Asia, and the World webcast, Kevin Rudd, President of the Asia Society Policy Institute (ASPI) and Daniel Rosen, a founding partner of Rhodium Group and the Jack Wadsworth Fellow at ASPI, will join a conversation moderated by Eunice Zehnder-Lai, Asia Society Switzerland Board Member, and former IPM CEO, to discuss these economic challenges facing China, Asia, and the world in the wake of the coronavirus outbreak.