A security guard wearing a face mask walks past the Bund Financial Bull statue in Shanghai, China on March 18, 2020,. The International Monetary Fund predicts the Chinese economy will grow by 1 per cent this year. - Reuters
In its editorial, the paper says that as China contributes to more than 30 per cent of global growth, the quick recovery of its economy should instil confidence that the global economy can get back on its feet.
BEIJING (China Daily/ANN): In its recently released World Economic Outlook, the International Monetary Fund (IMF) predicts that the global economy will contract by 4.9 per cent this year.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
