- On September 28, 2026, the company's management held a teleconference with the material purchasing departments in Beijing and Shenzhen regarding artificial intelligence products.
- On September 22, 2026, the company's management held a teleconference with the Vietnamese environmental protection project company.
- On September 15, 2026, the company's management held a meeting with relevant Turkish authorities to discuss the details and plans for the China-Turkish cultural exchange activities to be held in Turkey in the first half of next year.
- On September 8, 2026, the company's management held a video conference with leading domestic environmental protection enterprises.
- On September 1, 2026, the company's management team held a video conference with the management team of the Singapore company.
Home
>
News
>
Financial News
More
NEWS
Financial News
World economy to shrink 5.2%
The coronavirus will cause global economic output to contract by 5.2% in 2020, the World Bank said on Monday, warning its latest forecasts would be revised downward if uncertainty persists over the pandemic and business lockdowns.
In its latest Global Economic Prospects report, the World Bank said advanced economies are expected to shrink 7% in 2020, while emerging market economies will contract 2.5%, their first since aggregate data became available in 1960.
On a per-capita GDP basis, the global contraction will be the deepest since 1945-46, as World War II spending dried up.
The report noted the downturn is hitting hardest in countries where the coronavirus epidemic has been the most severe and where there is heavy reliance on global trade, tourism, commodity exports and external financing.
The report also showed 2020 contractions of 6.1% for the US and Japan, a 9.1% contraction for the Eurozone, 8% for Brazil and 3.2% for India. China is expected to maintain growth of 1% in 2020.
（from http://www.kekenet.com/read/202006/612313.shtml）