China's economy suffered through an 'eye-popping' first quarter a...
BEIJING - China’s economy suffered through an “eye-popping” first quarter as a coronavirus epidemic hammered business activity, with deterioration even as firms were supposed to be going back to work, a private survey showed on Tuesday.
Indicators in the survey “continued to deteriorate even into mid-March when most firms were re-opening and supposedly ‘back to work,’” a statement from the U.S.-based consultancy said. “A few weeks ago, a V-shaped recovery in China wasn’t outlandish. With the COVID-19 virus spreading quickly, return-to-normalcy is looking more implausible by the day,” the statement said.
In addition, Beijing may be unwilling to admit through official statistics just how bad the economic impact of the virus was, the statement said.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Exclusive: U.S. axed CDC expert job in China months before virus outbreakSeveral months before the coronavirus pandemic began, the Trump administration e...
Leer más »
Exclusive: U.S. axed CDC expert job in China months before virus outbreakSeveral months before the coronavirus pandemic began, the Trump administration eliminated a key American public health position in Beijing intended to help detect disease outbreaks in China, Reuters has learned. The American disease expert, a medical epidemiologist embedded in China’s disease control
Leer más »
Stocks crumble as more nations shut for business to curb virusAsian shares sank on Monday as a rising tide of national lockdowns threatened to...
Leer más »
Trump may be losing patience with economic effects of virus shutdownPresident Trump is “losing patience” with the economic effects of the COVID-19 pandemic, jonathanvswan says. “The way he’s thinking about it is … it’s this trade off between … death count and whatever misery ensues from a shutdown economy.”
Leer más »
Virus outbreak means (mis)information overload: How to copeThe coronavirus pandemic is leading to information overload for many people, often making it difficult to separate fact from fiction and rumor from deliberate efforts to mislead. Already, text messages predicting a nationwide lockdown have circulated, along with social media posts telling people that
Leer más »
U.S. healthcare workers confronting spike in virus cases“We’re in crisis mode right now,” Dr. Alexander Garza says of US health care workers confronting the spike in COVID-19 cases. “We’re not doing any sort of normal operations other than preparing for the coronavirus.”
Leer más »