The quarantines and local-level lockdowns put in place to combat the coronavirus outbreak will likely cause Chinese economic output to decline in the first three months of the year -- the first contraction in more than four decades for what was formerly one of the world's fastest-growing economies. Though the extent and duration of the downturn will not be known for several months, it is already becoming clear that Chinese President Xi Jinping will leverage the crisis to further bolster his power as the country's leader as he seeks to return China to what he views as its rightful position as a preeminent global power.
from CNN.com - RSS Channel - World https://ift.tt/2UjM5XF
Subscribe to:
Post Comments (Atom)
-
As legal assisted dying receives more support, the actress expresses deep concern for disability rights. from BBC News https://ift.tt/NMKv...
-
Lord Mackinlay says prosthetics currently on offer could leave people “feeling in a pit of despair”. from BBC News https://ift.tt/FwtVNLM
-
Communication lines between North Korea and South Korea will be restored from Monday at 9am local time, according to North Korean state medi...
No comments:
Post a Comment