'Unpredictable supply chain interruptions and continued contagion risks suggest a return to full capacity remains weeks away,' one analyst said.
Foto: Thomas Peter/Reuters A man sprays disinfectant at a highway rest stop outside Anqing as China faces a public health crisis.That could drag the second-largest economy to its slowest pace of growth since the 2008 global financial crisis, according to a new poll.
Economic growth is expected to slump to 4.5% in the first quarter from 6% in the previous one, according to the Reuters poll of 40 economists based in mainland China, Hong Kong, Singapore, Europe, and the US. The poll was conducted February 7-13. Sustained disruptions could drag 2020 growth to 5.5%, the poll said, which would be its slowest pace since at least the 1990s and compared with 6.1% in 2019. But economists expect that the economy will recover as soon as the second quarter, propping up full-year growth.
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