The coronavirus pandemic could cost China the equivalent of 2.7 per cent of its gross domestic product this year, although the economy may still grow by over 8 per cent, according to a new study by Chinese and American researchers.The industrial and processing sectors are likely to bear the brunt of the impact, with 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, said the team from the Chinese Academy of…



READ SOURCE

READ  Ossia International clarifies dividend announcement error; should be 0.9 S cent

LEAVE A REPLY

Please enter your comment!
Please enter your name here