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BEIJING, May 20 (China Daily/ANN) - China is one of a few large economies expected to expand and substantially contribute to global GDP growth in 2020 and 2021, said the authors of a latest report jointly issued by Oliver Wyman and Silk Road Associates.
BEIJING (China Daily/ANN): China will lead a gradual U-shaped regional economic recovery, which will help anchor production and confidence in neighboring countries aided by the adoption of a wide range of stimulus packages to contain the novel coronavirus epidemic, the head of a leading international research organisation told China Daily in an exclusive interview on Wednesday (May 13).
BEIJING/TOKYO: The economic ravages of the coronavirus pandemic could wipe out recent progress made in poor countries, the World Bank president has warned global leaders.
WASHINGTON (China Daily/ANN): China's economy will likely grow at 1.2 per cent this year and rebound strongly to 9.2 per cent in 2021, the International Monetary Fund predicted Tuesday (April 14), as it said Covid-19 would precipitate global growth into the deepest recession since 1930s but a recovery of 5.8 per cent is expected if the pandemic fades.
WASHINGTON (Reuters) - As the coronavirus pandemic spread across the United States this week, Republicans in Texas and Mississippi sought to further limit abortion access and New Jersey's Democratic governor refused to declare gun shops an essential service that would stay open.
RIYADH (Reuters) - Leaders from the Group of 20 major economies will convene a video conference on Thursday to discuss the coronavirus epidemic, multiple sources told Reuters, amid criticism that the group has been slow to respond to the global crisis.
WASHINGTON (Reuters): The coronavirus pandemic will cause a global recession in 2020 that could be worse than the one triggered by the global financial crisis of 2008-2009, but world economic output should recover in 2021, the International Monetary Fund said on Monday (March 23).
WASHINGTON (Reuters) - The White House on Sunday urged Americans against "hoarding" as thousands flocked to supermarkets to stock up on essentials, saying U.S. supply chains were strong and federal and local leaders were working together to ensure food supplies are available.
WASHINGTON (Reuters) - The International Monetary Fund on Thursday urged countries to work together in responding to the rapidly spreading coronavirus outbreak, and called for more donations to help the poorest countries deal with the escalating pandemic.
MANILA (Reuters) - The Asian Development Bank closed its headquarters and the Philippines senate went into lockdown on Thursday, after visitors to both buildings in Manila tested positive for the coronavirus.