China may escape the recession
April 19, 2020
Research Fellow, Manohar Parrikar IDSA, Dr. Jagannath Panda’s Op-ed on impact of COVID-19 on Chinese economy, titled ‘China may escape the recession’ has been published by ‘The Sunday Guardian’ on April 19, 2020.
The piece essentially argues that COVID-19 might have posed unseen challenges to the Chinese authorities, however the party-led economy is bound to survive despite the current emerging criticism. The CPC already has a solid foundation in terms of its political economy. China’s economy will therefore be secure, as it is the party-led economy that offers fillip to the CPC’s rule and authority which the democratic world would always find difficult to subscribe.
