Economic activity in East Asia, including China, will be severely disrupted by the coronavirus pandemic this year, the World Bank says. Photo: AFP
Economic activity in East Asia, including China, will be severely disrupted by the coronavirus pandemic this year, the World Bank says. Photo: AFP

Coronavirus pandemic expected to slash China’s 2020 growth to 2.3 per cent, World Bank warns

  • East Asia will see a sharp drop in growth due to coronavirus, with China’s expansion slowing to 2.3 per cent this year in a best-case scenario, says World Bank
  • Severe economic contraction followed by a sluggish recovery could see 11 million people in the region could descend into poverty

Economic activity in East Asia, including China, will be severely disrupted by the coronavirus pandemic this year, the World Bank says. Photo: AFP
Economic activity in East Asia, including China, will be severely disrupted by the coronavirus pandemic this year, the World Bank says. Photo: AFP
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