LN1_Casey
Draco dormiens nunquam titillandus
The black swan event is going to go on for months. Some countries haven't even begun to react yet, including the US. Only China is actually in the recovery phase and they had it going on from January until now in March and they imposed very draconian measures which aren't possible in the West. This isn't the bottom, and we might not even be close.
At the same time, China had the unfortunate thing of being the first. Even if other countries have done nothing since first reports, China would have already been at least a few months into making a vaccine for this, which is a time advantage that slower reacting/outbreaking countries like the US can and will take full advantage of.
If China comes out with a vaccine, that even just helps prevent the virus, than it'd be a large profit for them, and a huge help for countries who are in the early stages of their outbreak.