Turning the corner

IT’S EARLY MORNING ON SHANGHAI’S WEST Bund, and the lawns of the waterfront area are filled with picnickers savoring the annual cherry-blossom bloom. Parents push strollers through carpets of flowers while students sprawled on the grass share bottles of chilled cava. After three months of strict stay-at-home orders because of the COVID-19 pandemic, residents of China’s biggest city have re-emerged blinking into the light. “It’s crazy; I’ve never seen it so busy here,” says Sally Zhou, as she queues for coffee with her French bulldog. “People are desperate to get outside and enjoy themselves.”

Even as COVID-19 spreads across the world, nowhere has replicated the scale and intensity of China’s unprecedented lockdown. The epicenter of the outbreak, Wuhan, was sealed off and other cities placed under quarantine. The world’s No. 2 economy froze completely. Those sacrifices have now enabled China to slow new cases to a trickle. Wuhan discharged the last of its hospitalized coronavirus patients on April 27, and although many are skeptical of the government’s reported case numbers, authorities clearly feel confident enough to allow certain schools and businesses across China to reopen. Sales at major online retailers grew around 10% year-on-year in March, according to China’s Commerce Ministry, partly in response to a flurry of cut-price deals designed to rekindle demand. On April 22, President Xi Jinping emphasized the imperative to restart China’s stalled economy. “Great advances in history have come after great catastrophes,” he said.

For much of the world, the catastrophe is still