Measures to curb the spread of Covid-19 are likely to take a serious economic toll. Photo: Xinhua
Measures to curb the spread of Covid-19 are likely to take a serious economic toll. Photo: Xinhua

World at risk of second Great Depression due to coronavirus, says Chinese central bank

  • Zhu Jun from the People’s Bank of China says the risk is small, but the world must be alert to the threat
  • Economies around the world have been hit by the measures taken to stop the spread of Covid-19

Measures to curb the spread of Covid-19 are likely to take a serious economic toll. Photo: Xinhua
Measures to curb the spread of Covid-19 are likely to take a serious economic toll. Photo: Xinhua
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