Tags: China | Coronavirus | china | economy | coronavirus | imf

IMF: China's Economy Normalizing After Coronavirus Peak

IMF: China's Economy Normalizing After Coronavirus Peak

Friday, 20 March 2020 08:20 AM

China's economy is beginning to show some signs of normalization following the full-blown shock caused by the coronavirus, but stark risks remain, International Monetary Fund officials said in a blog on the economic impact of the pandemic.

Most larger Chinese firms have reopened and many local employees have returned to work, but infections could rise again as national and international travel resumes, the IMF officials said.

Outbreaks in other countries and financial market gyrations could make consumers and firms wary of Chinese goods just as the economy is getting back to work, they said. 

© 2020 Thomson/Reuters. All rights reserved.

   
1Like our page
2Share
Markets
China's economy is beginning to show some signs of normalization following the full-blown shock caused by the coronavirus, but stark risks remain,
china, economy, coronavirus, imf
94
2020-20-20
Friday, 20 March 2020 08:20 AM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved