China’s metal producers are among those likely to see their profits slide in 2021, according to a new study. Photo: AFP
China’s metal producers are among those likely to see their profits slide in 2021, according to a new study. Photo: AFP

Coronavirus could cost China US$417 billion in 2021, researchers say

  • ‘International price shocks’ likely to be biggest threat to nation’s GDP, but 8 per cent year-on-year growth still possible, according to study by Chinese and American teams
  • Coal, ore, metal, electricity, gas and food producers expected to see the value of their output fall by between 2.8 and 5.4 per cent, paper says

China’s metal producers are among those likely to see their profits slide in 2021, according to a new study. Photo: AFP
China’s metal producers are among those likely to see their profits slide in 2021, according to a new study. Photo: AFP
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