Friday, 31 January 2020

How the coronavirus may impact China's economic growth



This CNBC video is interesting. CNBC's Eunice Yoon reports on how the coronavirus outbreak is expected to take a serious toll on China's economy. 2020 China GDP estimates are now decreased. The economy growth will be decreased.

3 comments:

  1. Igor B News

    Translation: English to Chinese:

    冠狀病毒如何影響中國的經濟增長

    這個CNBC影片很有趣。 CNBC的尤妮絲·尤恩(Eunice Yoon)報導說,預計冠狀病毒的爆發將嚴重損害中國經濟。 2020年中國的GDP估算現在有所下降。 經濟增長將下降。

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    1. Economic data shows that China logged 2.3% growth for 2020, becoming the only major economy that grew during a year when the virus exacted a devastating global toll.

      China economy grew by 6.1% in 2019, in line with expectations. China's economy has grown 6.1% in 2019 vs. 6.6% in 2018.

      IMF projects China's economy to grow by 8.1% in 2021. The IMF projects China's economy will grow 8.1 percent in 2021 and 5.6 percent in 2022.

      India's projection for 2021 is as high as 11.5 percent, but from negative growth of 8.0 percent in 2020.

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