The ADB cut its 2020 growth forecast for China to 2.3 per cent from 6 per cent and compares with 6.1 per cent growth last year. Photo: AFP
Coronavirus could slash global GDP output by almost 5 per cent amid ‘severe financial turmoil’, ADB says
- Coronavirus pandemic could cost the global economy almost 5 per cent of gross domestic product, Asian Development Bank says
- Lender cuts China’s 2020 growth forecast to 2.3 per cent from 6 per cent in September last year
