(1) Understand China's institutions and social norms that accommodated the draconian measures of controlling the pandemic. (2) Examine linkages between the approaches to virus containment and the severity and duration economic downturn. (3) Explore the economic shocks of the virus and pandemic containment, and the counteracting effects of fiscal and monetary policies to reduce unemployment and avoid a severe recession. (3) Consider how supply chains can help reduce prices of imported intermediate inputs, thus helping contain domestic inflation. (4) Analyze global reliance on China's manufacturing through supply chains and assess the evolving policies and business environments for global foreign direct investment and outsourcing, including factors such as rising costs in China, concerns over national security, the US-China trade war, and changing public opinions toward China.