News Snapshot:
Covid Pandemic Will Push China GDP Growth Far Beyond US, IMF Data Shows October 16, 2020 0 China’s output is expected to exceed 2019 levels this year The Covid-19 pandemic will produce lasting shifts to global growth, pushing China even more to the forefront. The proportion of worldwide growth coming from China is expected to increase from 26.8 per cent in 2021 to 27.7 per cent in 2025, according to Bloomberg calculations using International Monetary Fund data. That’s more than 15 and 17 percentage points, respectively, higher than the US share of expected global output. India, Germany and Indonesia round...
