China's crippling fears Donald Trump will use coronavirus to wreck Beijing economy exposed

China's crippling fears Donald Trump will use coronavirus to wreck Beijing economy exposed

Daily Express - World·2020-04-01 11:01

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On Monday, the World Bank warned that the coronavirus pandemic's economic fallout could causeChina's growth to come to a standstill while driving 11 million more people in East Asia into poverty. Aaditya Mattoo, World Bank chief economist for East Asia and the Pacific, said that the country was on the brink of "an unprecedented global shock, which could bring growth to a halt and could increase poverty across the region". Even damning forecasts from two months ago appear to be underestimating the significant consequences of the crisis on China.

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