Dr. Zhang Zhiwei, Chief Economist at Pinpoint Asset Management, shared his view on the impact of Coronavirus at a TV interview with Bloomberg on February 17.
He believes the negative impact of the Coronavirus on China’s economy is temporary. He expects the government will roll out more policy measures, both on monetary and fiscal fronts, to boost the economy. In the long run, he believes the outbreak will speed up the process for China to open up its economy, particularly the service sector.