The global economy is projected to contract sharply by 3 percent in 2020, much worse than during the 2008-09 financial crisis,” the International Monetary Fund said Tuesday.
Coronavirus hits China’s economy harder than anything since 1970s
Consumer spending and factory activity hint that recovery will be longer, harder than many initially believed.
China’s January-March property investment down 7.7% from a year earlier
Real estate investment in China fell 7.7% in the first three months of 2020 from a year earlier, official data showed on Friday. The property market, a key growth driver, was among many segments of …
China’s GDP to grow by 2% in 2020 amid virus crisis: TS Lombard
China’s GDP growth rate may only return to pre-coronavirus levels in the fourth quarter of 2020 at the earliest, says Bo Zhuang, TS Lombard’s chief China economist.
Asia shares up as plans to re-open U.S economy offset record slump in China GDP
2/4 SLIDES A medical worker (L) takes a swab sample from a man being tested for the COVID-19 novel coronavirus in Wuhan in China’s central Hubei province on April 16, 2020. – China has largely brought …
China’s long-term growth will not be affected by COVID-19: stats bureau
China’s long-term growth potential will not be affected by the short-term impact of the pandemic, a spokesman for the National Bureau of Statisti …
China’s economic recovery is tied to how others fare in global recession, Australia’s ex-prime minister says
The synchronous nature of the global recession is affecting the external demands for Chinese goods big time, according to Kevin Rudd.
China’s economy shrank last quarter for the first time in decades as the coronavirus took its toll
China’s economy has just experienced its worst three-month period in decades as the coronavirus pandemic forced much of the country to shut down for weeks on end.
Asian stocks set to rise as markets brace for China GDP data
Asian stocks look set to bounce on Friday to recover towards a one-month high as investors, following Wall Street’s lead overnight, sought silver linings in a run of data that showed the world is in …
Totalitarian China unleashed the virus. Free China has all but defeated it.
But if you want to see the difference between how a totalitarian and a free Chinese society handles a public health emergency, just contrast the actions of the People’s Republic with those of the …