China Flag Makers Blog

2020 is an unusual year and some people even say it is a new age since the world has entered into the new normal. What does the new normal mean? According to Wikipedia, when something that was previously abnormal has become commonplace, we call it new normal. Following the COVID-19 pandemic, people’s life and working mode change and the growth pattern of economy alters. Under such a situation, there are some aspects we need to know and some adjustments need to be made. 1) Global Economy Recession is Inevitable Whether you want to admit it or not, the world economies are closely linked. Unless the pandemic around the world is over, the economy won’t recover. In the meantime, the battle between pandemic prevention and economic recovery is like a tug-of-war, however, we need to recover the economy as well as control the pandemic. 2) Adjust Recognition and Live with Challenges Under the current pandemic situation, there is no 100% certainty for any prediction. So we need to change our thou