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Assessing the economic impact of the coronavirus. Chinese officials say over 63,000 people have now contracted the disease, as President Donald Trump's top economic advisor criticizes Beijing's response. Larry Kudlow tells CNBC “we thought there was better transparency coming out of China, but it doesn't appear to be. I know they revised their numbers up a bit. They say it's a different method of counting. We just don't know. It's the great unknown.” Meanwhile, S&P Global has warned China that it could see its credit rating downgraded, if it were to fight the economic impact of the virus with ramped-up fiscal spending. We discuss updated forecasts for the Chinese economy, and Europe’s biggest economy, as Germany prepares to release its latest GDP figures. The CEO of German industrial gases company Linde tells CNBC in an exclusive interview that he cannot think of a country, “where the industrial production rates are actually higher going into 2020 than 2019.”
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
By CNBC International4
4242 ratings
Assessing the economic impact of the coronavirus. Chinese officials say over 63,000 people have now contracted the disease, as President Donald Trump's top economic advisor criticizes Beijing's response. Larry Kudlow tells CNBC “we thought there was better transparency coming out of China, but it doesn't appear to be. I know they revised their numbers up a bit. They say it's a different method of counting. We just don't know. It's the great unknown.” Meanwhile, S&P Global has warned China that it could see its credit rating downgraded, if it were to fight the economic impact of the virus with ramped-up fiscal spending. We discuss updated forecasts for the Chinese economy, and Europe’s biggest economy, as Germany prepares to release its latest GDP figures. The CEO of German industrial gases company Linde tells CNBC in an exclusive interview that he cannot think of a country, “where the industrial production rates are actually higher going into 2020 than 2019.”
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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