Friday , October 30 2020
Home / South China Morning Post / China’s economic growth to be 2 per cent in 2020 but coronavirus to keep Asia’s growth at lowest since 1967, World Bank warns

China’s economic growth to be 2 per cent in 2020 but coronavirus to keep Asia’s growth at lowest since 1967, World Bank warns

Summary:
[unable to retrieve full-text content]The coronavirus pandemic is expected to lead to the slowest growth in more than 50 years in East Asia and the Pacific as well as China, while up to 38 million people are set to be pushed back into poverty, the World Bank said in an economic update on Monday.The World Bank said the East Asia and the Pacific region this year is projected to grow by only 0.9 per cent, the lowest rate since 1967Growth in China is expected to come in at 2 per cent this year, boosted by government spending, strong…

Topics:
Reuters considers the following as important:

This could be interesting, too:

Jeffrey P. Snider writes Roaring GDP, So What’s That In The I

Tyler Durden writes The ACLU Is Suing Police Across The Country For “Brutality” In Response To Riots And Looting This Summer

Tyler Durden writes Nine COVID Controversies

Tyler Durden writes China Reveals First Glimpse Into Its Economic Plans For Next Five Years

[unable to retrieve full-text content]
The coronavirus pandemic is expected to lead to the slowest growth in more than 50 years in East Asia and the Pacific as well as China, while up to 38 million people are set to be pushed back into poverty, the World Bank said in an economic update on Monday.The World Bank said the East Asia and the Pacific region this year is projected to grow by only 0.9 per cent, the lowest rate since 1967Growth in China is expected to come in at 2 per cent this year, boosted by government spending, strong…
About Reuters

Leave a Reply

Your email address will not be published. Required fields are marked *