IMF: Pollution data shows early signs of China recovery


China saw a modest recovery in a key manufacturing index in March, and satellite images show increasing concentrations of nitrogen dioxide, indicating a pickup in industrial activity and transportation, says an IMF economist in a blog post. - AFP

WASHINGTON (AFP): The global recession caused by the coronavirus pandemic will be worse than in 2009, but early signs of a recovery are appearing in China, including renewed pollution, IMF economists said on Monday (April 6).

"The Covid-19 pandemic has pushed the world into a recession. For 2020 it will be worse than the global financial crisis," the authors, including International Monetary Fund chief economist Gita Gopinath, said in a blog post.

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China , pollution , economy , recovery , IMF

   

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