ECONOMIC RECOVERY OF CHINA MAY BE HELD BACK BY THE GLOBAL OUTBREAK

Highlights

• China has observed a drastic drop in infections
• The rapid increase in number of cases across rest of the world has softened the demand

In recent weeks, Coronavirus infections in China have markedly declined. However, the Asian giant’s economic recovery may be held back by the global outbreak. It is because the countries around the world struggle to contain the rap....