After Eight Weeks of Lockdown, China's City Beijing is Get Back on its Feet

China was the first country to be hit by the novel coronavirus. But, now from a recent social media post by Michael Pettis, who is a Finance Professor at Peking University, it looks like some essence of normalcy has returned to its capital city Beijing.

In a progression of tweet, Michael stated, "Following two months of lockdown Beijingers have certainly put behind them the stun and ghastliness that prompted so much negativity thus numerous forecasts of social and monetary calamity only a month back". 

In another tweet, he educated that despite the fact that Beijing is still at 'level one' lockdown, alongside close by Tianjin, the encompassing area of Hebei



and the focal region of Hubei, whose capital is Wuhan, different pieces of the nation are pretty much open at this point. 

Explaining upon why the capital city is still under lockdown, he uncovered that individuals accept that "this is the place the pioneers live" thus that is the reason they shrug.

Michael also shared pictures of shops which were absolutely empty. But, he has however asserted that things will be better when the mood of the world is a bit lightened in the upcoming weeks. In another tweet, he has also mentioned that the future seems tough but is not apocalyptical. However, things will be grim when economic pain seriously kicks in.