
China – the bubble that never pops
Even as encouraging results from vaccine trials trigger hopes of a ‘return to normality’ in 2021, one thing is clear: The seismic shock to economies and societies around the globe caused by Covid-19 is likely to be felt for many years. The question is: Could the corona crisis also shake up our global economic order – or will heavyweights such as China emerge from the pandemic just as strong as before?