News Snapshot:
Moody's has forecast that China would be the only G-20 country to post growth this year. The expectation is that China would grow one percent in 2020, followed by a strong rebound of 7.1 percent in 2021. Share on Share on Moody's Investors Service on Monday projected the Indian economy to shrink 3.1 percent in 2020 and said clashes with China on the border also suggest rising geopolitical risks in the Asian region where countries are particularly vulnerable to changes in geopolitical dynamics. While it pegged India's annual growth at 0.2 percent in April, the forecast has been sharply revised...
