The Global Trade Barometer plunged to 87.6, its lowest reading since launching in 2016. The baseline index is 100, with a reading below that suggesting a contraction. Photo: Xinhua The Global Trade Barometer plunged to 87.6, its lowest reading since launching in 2016. The baseline index is 100, with a reading below that suggesting a contraction. Photo: Xinhua
The Global Trade Barometer plunged to 87.6, its lowest reading since launching in 2016. The baseline index is 100, with a reading below that suggesting a contraction. Photo: Xinhua

Coronavirus: WTO warns global trade on the brink as pandemic wreaks havoc on supply chains

  • The World Trade Organisation’s leading trade index showed that global trade faced unparalleled challenges in the first quarter thanks to the coronavirus pandemic
  • Beijing is braced for a demand shock later in the second quarter, with job losses and shutdowns in Western markets set to cripple imports from China

Topic |   Coronavirus pandemic
The Global Trade Barometer plunged to 87.6, its lowest reading since launching in 2016. The baseline index is 100, with a reading below that suggesting a contraction. Photo: Xinhua The Global Trade Barometer plunged to 87.6, its lowest reading since launching in 2016. The baseline index is 100, with a reading below that suggesting a contraction. Photo: Xinhua
The Global Trade Barometer plunged to 87.6, its lowest reading since launching in 2016. The baseline index is 100, with a reading below that suggesting a contraction. Photo: Xinhua
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