Debevoise & Plimpton Discusses Impact of Coronavirus on Foreign Investment in China

On March 11, 2020, the Chinese government announced that the novel coronavirus epidemic had peaked within the country, with the number of new cases falling significantly. By March 16, for the first time since the coronavirus was first identified last year, there were more reported cases outside of China than inside. Although the situation appears to have improved markedly, the Chinese government is still caught between efforts to contain the coronavirus and the urgent need to restart economy, which last year already saw the slowest rate of expansion in almost three decades. A Reuters poll found the coronavirus likely halved … Read more