Fitch nearly halves global growth forecast to 1.3 per cent for 2020 on Covid-19 hit
SINGAPORE, Mar 20, 2020, BT. Fitch Ratings has “aggressively lowered” its global economic forecasts, with…
China
The People’s Republic of China is an economy of 1.3 billion people. When it joined APEC in 1991, it had a real GDP of USD 906 billion and a per capita GDP of USD 788. Today it is the second-largest economy in the world. By 2016, its real GDP has risen to USD 9.5 trillion, while its per capita GDP increased nine-fold to USD 6,800.
ASEAN growth will be 2.9 per cent in 2020: Citi
SINGAPORE, Mar 20, 2020, BT. Citi Research economists have slashed their 2020 economic growth forecast…
Indonesia, Malaysia, Philippines and Thailand among recipients of medical kits from Jack Ma
BANGKOK, Mar 20, 2020, The Nation. The Jack Ma Foundation and Alibaba Foundation are jointly…
China says Pakistani president Alvi’s visit of great significance
BEIJING, Mar 20, 2020, INP. President Arif Alvi’s visit to China holds great significance, and…
Zero new case in Wuhan again, 39 new cases across China, all imported
WUHAN, Mar 20, 2020, China Daily. New infections of the novel coronavirus remained at zero…
[Analytics] Asia-Pacific markets including Hong Kong rally as investors weigh stimulus packages
Tencent, CK Asset Holdings, casino stocks soar in Hong Kong. Overnight, US markets gained; Italy…
China says Japanese anti-flu agent Favipiravir effective on coronavirus patients
BEIJING, Mar 19, 2020, Hindustan Times. Chinese medical experts claim that a Japanese anti-flu agent…
Garment factories in Yangon are under shutdown
YANGON, Mar 19, 2020, Myanmar Times. At least 20 out of the 500 factories in…
Wuhan reports zero increase in coronavirus infections fist time since epidemic starts
WUHAN, Mar 19, 2020, Xinhua. No new infections of the novel coronavirus were reported on…
Italy’s shock coronavirus death toll, S. Korea’s cases rebound, Australia and NZ ban non-residents
ROME, Mar 19, 2020, SCMP. Italy on Wednesday reported 475 new deaths from the novel…
[Analytics] Trump and Beijing agree on the coronavirus crisis: It’s someone else’s fault
As the coronavirus pandemic spreads around the world and many governments prove themselves less than…
Japan’s exports fall, imports from China slump as virus impact widens
TOKYO, Mar 18, 2020, Reuters. Japan’s imports from China fell at their fastest pace in…