The World Trade Organisation (WTO) expects global trade to return to growth next year. Photo: AFP
The World Trade Organisation (WTO) expects global trade to return to growth next year. Photo: AFP

Coronavirus hit to global trade ‘deeper but not as long’ as thought, as WTO sees recovery under way

  • World Trade Organization (WTO) reduces size of global trade contraction in 2020, as lockdowns ease and economies reopen
  • China accounts for 43.8 per cent of all personal protective equipment shipments in first half of 2020, WTO says

The World Trade Organisation (WTO) expects global trade to return to growth next year. Photo: AFP
The World Trade Organisation (WTO) expects global trade to return to growth next year. Photo: AFP
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