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The alarm bells are ringing: the coronavirus has now also gripped the Chinese economy

The business district of Beijing. Due to the covid crisis, China’s real estate market is also at a low ebb. © epa-efe

We have been receiving alarming messages from China for weeks about the serious coronavirus situation in the country. But even the alarm bells are ringing louder about the state of the Chinese economy. What is going on? And how long will it take?

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