China is expected to be forced to place more emphasis on taking measures to maintain employment than on pursuing economic growth, at least this year, given that the coronavirus pandemic has eroded corporate profits.As the increase in infections peaked out in China in late February, around one month after the virus began to rage, the Communist-led government initially believed the world's second-biggest economy would attain a "V-shaped" recovery.The optimism, however, has waned, as the virus, which was first detected in the central Chinese city of Wuhan late last year, has been sharply sprea…READ FULL ARTICLE
