China is expected to post positive growth this year even as the global economy contracts 4.9 per cent in a coronavirus-driven plunge in output, the International Monetary Fund (IMF) said on Wednesday.The IMF’s World Economic Outlook Update estimated China’s economy will grow 1 per cent in 2020, a downgrade of its April forecast, but better than other major e […]
China to buck global economic downturn in 2020 as coronavirus continues to drive down activity, says IMF
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