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China Expansion Could Stopper America's Slowdown
As Covid-19 runs its course, there are early signs that China growth might mitigate America's slowdown, says Carlos Casanova, Chief Asia Economist, Coface, who offers these estimates for 2020 at this point in time:
China: 4.0%
USA: -2.9%
Italy: -8.2%
Global GDP: -1.3%
Global trade: -4.3%
Global insolvencies: +25%
See omnystudio.com/listener for privacy information.
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As Covid-19 runs its course, there are early signs that China growth might mitigate America's slowdown, says Carlos Casanova, Chief Asia Economist, Coface, who offers these estimates for 2020 at this point in time:
China: 4.0%
USA: -2.9%
Italy: -8.2%
Global GDP: -1.3%
Global trade: -4.3%
Global insolvencies: +25%
See omnystudio.com/listener for privacy information.
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