With travel curbs, lockdowns and production suspensions all affecting China’s economy, many were trying to calculate and predict the probable impact. JPMorgan analysts downgraded forecasts for Chinese growth this quarter
Chinese firm Xinchao Media said on Monday it had laid off 500 people, or just over a tenth of its workforce, and restaurant chain Xibei said it was worried about how to pay its roughly 20,000 workers.
The World Bank ruled out any new health loans to China, though technical assistance would be offered. “China has its own large international reserves,” its president, David Malpass, told Reuters, wishing China well in handling the crisis. The virus has caused chaos around Asia and beyond, with many flights suspended and entry restrictions imposed.Washington, whose travel measures have offended Beijing, authorized the voluntary departure of U.S. government employees and family members from Chinese-ruled Hong Kong “out of an abundance of caution,” the State Department said.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
China central bank gives greenlight to Mastercard's China JV for clearing businessChina's central bank gives green light to Mastercard's China JV for clearing business
Les mer »
Trump says Chinese President Xi told him that heat will kill coronavirus 'by April'Trump made the remarks at the White House while speaking at an event with U.S. state governors.
Les mer »
Wall Street futures fall as coronavirus toll rises, China plans return to workU.S. stock futures fell on Sunday after China's death toll from the coronav...
Les mer »
WHO advance team on coronavirus on way to China: Tedros tweetAn advance team of international experts led by the World Health Organization (W...
Les mer »
Brazilians evacuated from China amid coronavirus land in BrazilThe 34 Brazilians evacuated from the Chinese city of Wuhan, the epicenter of the...
Les mer »
China allocates $10.26 billion to fight coronavirusChina&39;s finance ministry said on Sunday all levels of government had allocated a total of 71.85 billion yuan ($10.26 billion) as of Saturday afternoon to fight coronavirus. The funds will also be used to ensure that efforts of every region to fight the virus are not hampered by financial constraints
Les mer »