China, the first country hit by the Covid-19 outbreak has also been the first to recover from it.
As the world’s second-largest oil consumer gets back to business, traders are looking for clues as to how the recovery pans out and what this could mean for the rest of the world. But the picture is murkier than the market thinks, complicating any potential lessons from China’s experience.
The space between lockdown and recovery is long
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