The University of Iowa

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Can Zhang and Rich McCarty, adjunct lecturer, University of iowa John Pappajohn Entrepreneurial Center
3/3/2020

A Hawkeye in Wuhan

Since the COVID-19 lockdown in Wuhan, China, Can Zhang (BBA economics ’14, BBA management ’14), the owner of a local driver training business that he took over from his family in late 2017, has been conducting online meetings with his management team on a regular basis. During a recent online meeting, he decided the company would benefit from implementing a conservative strategy to reduce costs and build a cash surplus in 2020. “The COVID-19 outbreak is really hurting small and medium-sized enterprises. During this crisis, some companies went bankrupt because they didn’t have enough cash flow. My company is facing a similar problem. I am not going to start any new projects or make any aggressive investments this year. The impact of COVID-19 is likely to be repercussive, and a long-term conservative strategy might be needed for my business,” Zhang said.
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Yuan Lu, University of Iowa lecturer
3/3/2020

UI Lecturer Yuan Lu on the coronavirus and Wuhan, China

Yuan Lu, lecturer in the UI Division of World Languages, Literatures and Cultures, was born and raised in Wuhan, China, the location where the 2019 Novel Coronavirus appears to have originated. Lu is in regular contact with family members and former high school and college classmates in Wuhan via WeChat video calls. Lu shares what he has learned about daily life in Wuhan below.
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