Our New Year is normally a time of celebration and hope in China, a time spent away from work with family and friends.
This year it was spent watching the emerging crisis coming out of Wuhan and within days everybody across China was in a state of confusion, caught in what looked like a potentially life and death situation.
As a family man, my first concern was for those nearest and dearest to me but as a business leader, it was impossible to ignore the possible consequences of an enforced lockdown – how that would affect the Chinese economy, the impact on our business and my colleagues in the Shanghai studio.
The reality then and it remains true today is that China – or any economy for that matter – can not stand still for a quarter. The immediate consequences would be disastrous and the road to recovery unimaginable – in China it was estimated that 85 per cent of small and medium sized businesses, which make up two thirds of the economy, would not survive three months with no income.