The V-shapes economic recovery is likely to continue and make a positive contribution to the world. Even with all the negative talk of decoupling, investment from the U.S. is increasing substantially.

The outbreak of the coronavirus has changed some fundamental things in the world order. Post-pandemic global governance will likely feature significant fragmentation. And it could unfold in a variety of ways.

The disastrous failure of the Trump administration to contain COVID-19 will result in catastrophic 2nd quarter results. So, Trump is targeting China as the scapegoat while risking his re-election on domestic unrest, fatal geopolitics, and a global depression.

Whether the world economy recovers or declines in the coming year will depend upon a number of complex interlocking factors. Unlike SARS, the COVID-19 pandemic endangers the security of the real economy and increases worries.

While the fast-changing nature of COVID-19 makes economic interventions difficult to predict, China's uneven economic recovery may serve as a roadmap for other countries overcoming the outbreak.

The coronavirus outbreak has shaken global supply chains, causing massive ripples in the international market. It is only to be expected that there will also be major changes to how companies approach supply chain management and practices too.

While reductions will end price wars, major problems remain unresolved on the demand side. Consumption has fallen because of the coronavirus pandemic, and little short of a vaccine will help.

The old model delivered extraordinary benefits to humanity, but it also created winners and losers. The coronavirus pandemic is a reminder that we must look to the needs of the losers.

Underdeveloped nations with limited resources should be embraced as part of the world community. They are a relatively small but key element in the restoration of the global economy.

The economic a political similarities to the Great Depression are alarming. The only way to avert a more serious crisis, China believes, is for nations to act with benevolence, mutual respect and good faith.