China's economy normalisng after coronavirus peaked, but risks exist: IMF

The International Monetary Fund officials on Friday rekindled hopes of normal activity in China after a full-blown shock caused by the coronavirus on their economy.

"China's economy is beginning to show some signs of normalisation , but stark risks remain," officials said in a blog on the economic impact of the pandemic. 

Most larger Chinese firms have reopened and many local employees have returned to work, but infections could rise again as national and international travel resumes, the IMF officials said.

Outbreaks in other countries and financial market gyrations could make consumers and firms wary of Chinese goods just as