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2020 review: China’s economy endured a turbulent 12 months due to the impact of the coronavirus

Summary:
[unable to retrieve full-text content]China and the United States signed their long-awaited phase one trade deal in January, somewhat ending their 18 month trade war, but 2020 was dominated by the impact of the coronavirus.As a result, China’s economy shrank by 6.8 per cent in the first quarter of 2020, although it is set to be the only Group of 20 nation to post positive economic growth this year.January 2020With the severity of the coronavirus still unknown, January will be remembered for China and the US signing their long…

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[unable to retrieve full-text content]
China and the United States signed their long-awaited phase one trade deal in January, somewhat ending their 18 month trade war, but 2020 was dominated by the impact of the coronavirus.As a result, China’s economy shrank by 6.8 per cent in the first quarter of 2020, although it is set to be the only Group of 20 nation to post positive economic growth this year.January 2020With the severity of the coronavirus still unknown, January will be remembered for China and the US signing their long…

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