A survey of 120,000 people conducted last week by the Chengdu-based China Household Finance Survey and Research Centre said that a fifth of Chinese households can survive only 2.3 months without any income, while 40 per cent cannot last past three months. Gan Li, Director of the Centre and a Professor of Economics at Texas A&M University, commented “We cannot say if the impact of the outbreak on employment will be half a year, a year, or more, but what is for certain is that it will be longer than it is possible for some segments of society to sustain their livelihoods.”
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