From: Inside Story
Latest economic data from China paints a gloomier picture than analysts had forecast.
The saying used to be: When the United States sneezes, the world catches a cold.
Now, the global focus is just as much on China. COVID-19 has had an impact on the financial health of the world’s second-largest economy – and it is contagious.
So when the latest economic data from Beijing showed weaker-than-expected results, concern spread worldwide.
The World Bank has warned of a possible global recession next year, so how does slower economic growth in China affect the rest of the world?
Presenter: Mohommad Jamjoom
Guests:
Andy Mok – Senior research fellow at the Center for China and Globalization
Shirley Ze Yu – Fellow at the Ash Center of Harvard Kennedy School
Guido Cozzi – Professor of macroeconomics at the University of Saint Gallen
