Why the Coronavirus Could Send China’s Economy Back to the 1980s With Chang-Tai Hsieh

The coronavirus outbreak is a tragedy. Much of the attention has been on the disease itself, but many experts have started focusing on the economic effects. Some are even hinting that they could be just as disastrous in the long-term. Why exactly could this disease derail China's economy, and what would that look like if it did? There’s no better person to ask than Chang-Tai Hsieh, a Professor of Economics at Chicago Booth, and a faculty director of the Becker Friedman Institute in China.