THE CURRENT CORONA VIRUS PANDEMIC SPREADING THROUGHOUT THE WORLD COULD TRIGGER THE MUCH EXPECTED RECESSION. MAJOR AREAS OF CHINA, THE WORLD'S LARGEST ECONOMY IN PURCHASING PARITY TERMS, HAVE STOPPED WORKING. THE DOMINO EFFECT IS EASY TO SEE.
IN TERMS OF THE NUMBER OF DEATHS AND THE NUMBER OF PEOPLE INFECTED, THIS PANDEMIC HAS SURPASSED THOSE OF SARS IN 2003.
THE WORLD PRESS AND NATIONAL GOVERNMENTS HAVE DONE A GOOD JOB STEMMING PANIC. BUT THIS COULD ONLY WORK FOR SO LONG BEFORE PEOPLE REALIZE THE SEVERITY OF THE CRISIS.
The Fairbank Report...(如意報告)
**NB: Signed articles represent the opinions of the respective
authors and do not necessarily reflect the views of THE FAIRBANK REPORT/RUYI BAOGAO (如 意 報 告).
