China's Economy Isn't Back to Normal Yet

The transcript discusses China's economic recovery, highlighting the patchy return to work, challenges in logistics, and energy consumption. It also covers the credit markets, noting the busy corporate debt market and underlying risks, especially for private firms. The discussion includes the impact of the coronavirus outbreak on the economy and credit markets, with a focus on defaults and stress debt levels.

What percentage of the economy was estimated to be running at normal capacity as of last week?

What factors have contributed to the patchy return to work in China?

How has energy consumption changed in recent weeks according to the text?

What risks are associated with the corporate debt market in China as mentioned in the text?

What does the increase in delinquencies indicate about the economic situation in China?