China International Capital Corporation has slashed its 2020 economic growth forecast for China amid the coronavirus pandemic. Photo: qq.comChina International Capital Corporation has slashed its 2020 economic growth forecast for China amid the coronavirus pandemic. Photo: qq.com
China International Capital Corporation has slashed its 2020 economic growth forecast for China amid the coronavirus pandemic. Photo: qq.com

Coronavirus: China’s 2020 growth forecast slashed in surprise move by prominent bank CICC

  • China International Capital Corporation has sharply downgraded its 2020 growth forecast for China to 2.6 per cent, from 6.1 per cent in January
  • The investment bank says more gloomy news is predicted in the second quarter as the coronavirus outbreak continues to ripple through economy

Topic |   Coronavirus pandemic
China International Capital Corporation has slashed its 2020 economic growth forecast for China amid the coronavirus pandemic. Photo: qq.comChina International Capital Corporation has slashed its 2020 economic growth forecast for China amid the coronavirus pandemic. Photo: qq.com
China International Capital Corporation has slashed its 2020 economic growth forecast for China amid the coronavirus pandemic. Photo: qq.com
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