People walk along a pedestrian street surrounded by small shops in Changsha in China's Hunan province. Coronavirus-ravaged economies across the Asia-Pacific will make a “swoosh-shaped” recovery next year, the Asian Development Bank forecast. Photo: AFP People walk along a pedestrian street surrounded by small shops in Changsha in China's Hunan province. Coronavirus-ravaged economies across the Asia-Pacific will make a “swoosh-shaped” recovery next year, the Asian Development Bank forecast. Photo: AFP
People walk along a pedestrian street surrounded by small shops in Changsha in China's Hunan province. Coronavirus-ravaged economies across the Asia-Pacific will make a “swoosh-shaped” recovery next year, the Asian Development Bank forecast. Photo: AFP

Asean, China, Japan, South Korea financial leaders redouble efforts to focus on coronavirus recovery

  • Finance ministers and central bank governors from the Asean+3 group said they will use all available policy tools to support a sustained recovery
  • The Covid-19 pandemic has triggered deep downturns in regional economies, disrupted global trade and supply chains, and increased market volatility

Topic |   Coronavirus pandemic
People walk along a pedestrian street surrounded by small shops in Changsha in China's Hunan province. Coronavirus-ravaged economies across the Asia-Pacific will make a “swoosh-shaped” recovery next year, the Asian Development Bank forecast. Photo: AFP People walk along a pedestrian street surrounded by small shops in Changsha in China's Hunan province. Coronavirus-ravaged economies across the Asia-Pacific will make a “swoosh-shaped” recovery next year, the Asian Development Bank forecast. Photo: AFP
People walk along a pedestrian street surrounded by small shops in Changsha in China's Hunan province. Coronavirus-ravaged economies across the Asia-Pacific will make a “swoosh-shaped” recovery next year, the Asian Development Bank forecast. Photo: AFP
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