Former U.S. Treasury Secretary; Charles W. Eliot University Professor, Harvard University
Former Deputy Managing Director, IMF; Chair of the National Institute of Financial Research (NIFR),Tsinghua University
In the online discussion, Larry Summer made a keynote speech, followed by comments from Zhu Min. The speakers answered questions from the audience in the latter half of the discussion.
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Lawrence SummersFormer U.S. Treasury Secretary; Charles W. Eliot University Professor, Harvard University
Zhu MinFormer Deputy Managing Director, IMF; Chair of the National Institute of Financial Research (NIFR), Tsinghua University
Li XinVice President, Caixin Media; Managing Director, Caixin Global
As the pandemic continues to spread, Larry Summers and Zhu Min shared their views in our first ever Live Caixin Roundtable, discussing on how Covid-19 would impact global economy.
Need a quick review of the roundtable? Find the highlights and the video here.
The worst days for the U.S. stock market may still be yet to come and the U.S. economy may be heading for a “quite serious” recession due to coronavirus disruptions, former U.S. Treasury Secretary Lawrence Summers said at a Caixin roundtable on Tuesday.
While quarantining and social distancing is the right prescription to combat Covid-19 from a public health perspective, the exact opposite is needed when it comes to securing the global economy.
It took 54 days from the time the first Covid-19 case appeared in Wuhan Dec. 1 to the complete lockdown of the central China city of 14 million people Jan. 23.
