Ok, stop laughing.
I ran through an extensive analysis of what is the likely PRC death toll. I estimate it at 6MM conservatively, which would make China's fatalities per capita to be 2x the current global leader, Belgium.
Assesing China's economic rebound is a little harder. While our imports from China remain way down, which would cut the legs out of the "China is rebounding" narrative, China isn't too dependent upon imports or exports. If it IS truly rebounding, it's because the govt that sacrificed citizens in 1Q are possibly forcing them to "buy, buy, buy" now.
I’m guessing China has a huge war chest to spend on fire-sale prices of US assets.
While we spend ourselves deeper into the hole.