[idrios]

I can't cite numbers but I don't think it's hyperbole. A friend of mine recently did her Master's thesis on the effects of Covid on international business in Guangzhou. She interviewed a number of business owners and the consensus was basically that a lot of businesses that shut down because of Covid don't seem to be coming back, with most seeming worried about Taiwan.

But still, there was one business owner arguing that there's never been a better time to do business with China because it's cheaper right now, so who knows what will actually happen.