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
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

Topic |   Coronavirus pandemic
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
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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