IMF projects global economy to contract by 3% in 2020
Xinhua |
Updated: 2020-04-14 20:53
Share
Share - WeChat
WASHINGTON -- The global economy is on track to contract "sharply" by 3 percent in 2020 as a result of the COVID-19 pandemic, much worse than during the 2008-09 financial crisis, according to the International Monetary Fund (IMF)'s World Economic Outlook released Tuesday.
- China still key in driving global growth
- Beijing ready to face US trade arrows
- China's 2021-2025 economic increment projected to exceed 35 trillion yuan: official
- Top 10 countries attracting Chinese tourists during upcoming summer vacation
- Global experts call for innovation, advancement to treat major vision-threatening diseases
