Reopening China’s Economy: Tracking the Heartbeat of a Recovering Nation

By Cheng Li and Jian Chen

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Cheng Li is director and senior fellow at the Brookings Institution’s John L. Thornton China Center. Jian Chen is president of CreditWise Technologies and senior adviser to Caixin Insight Group.

Any comparative analysis of China and the United States — and any lessons or experiences that either country may learn from the other –– should recognize the profound differences between these two nations in terms of their political systems, economic structures, social fabric and cultural norms. Yet, as the world’s two largest economies, with vast territories and substantial populations, China and the United States often confront similar challenges. When it comes to the impact of the novel coronavirus, both countries have been devastated by its outbreak and the searing speed of its spread, though the developments have been experienced at different time intervals.