Wuhan once called epicenter of coronavirus is now getting back on recovery. The place once hardest hit has now zero coronavirus cases as of now. As per its health commission, the province also registered no increase in new COVID-19 cases on Friday. Hubei saw three new deaths, all of which were in Wuhan.
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while, China is on the verge of bouncing back after getting hit with the pandemic, the novel virus has now taken a toll on global economy. A day back IMF chief Kristalina Georgieva said the world economy entered recession which will be as bad or worse than the financial meltdown of 2009. Georgieva said that a key concern of the “sudden stop” of the world economy is a wave of bankruptcies and layoffs that can not only undermine the recovery but can erode the fabric of our society.
