> people are dying around the world because of government mismanagement of a pandemic.

Disproportionately affecting people outside of prime working ages.

> political tensions are rising globally

For now, and they will eventually subside. Because they always do. And always will.

> Do you know if the Chinese economy will ever recover

Why wouldn't it (eventually)? Demand will change, but people aren't going to forget how to work, how to buy, or how to build. There is a _ton_ of cultural infrastructure that goes beyond physical infrastructure and ultimately, unless we were all building stuff nobody actually wanted or could use (e.g. dotcom bubble) the economy will eventually recover.

We don't know the timing, or the extent that bad assets will be kicked out (e.g. mortgages), and we also don't know to what extent money printing has erased savings, but ultimately there's a tremendous amount of cultural and physical infrastructure that will continue to exist, and a tremendous amount of demand that will return.