China | The post-virus economy

China goes back to work

But not back to normal

Still no rush
|SHANGHAI

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IN GOOD TIMES Gu Changshi’s job is to persuade companies to invest in Lingang, a wind-swept free-trade zone on the edge of Shanghai, abutting the Pacific Ocean. But over the past two months, as China has battled covid-19, his job has been to ensure basic survival, both physical and corporate. First his agency requisitioned two hotels to quarantine anyone coming to Lingang from virus-hit regions. Then it started offering conditional cash grants to beleaguered companies located there. “There is no fixed limit to the subsidies,” he says, his hands spreading wide.

This article appeared in the China section of the print edition under the headline "Back to work"

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From the March 28th 2020 edition

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