- On May 25, 2025, the company's management held a remote video conference call with the project company in Turkey.
- From May 19th to 21st, 2025, the company's management accompanied senior executives from Singapore and Malaysia to visit enterprises in Huangshan and Wuhu.
- From May 12th to 18th, 2025, the company's management accompanied a delegation of eight former ambassadors from the Ministry of Foreign Affairs on visits, investigations and research in Hefei, Wuhu and Huangshan.
- From May 6th to 9th, 2025, the company's management team visited and inspected places such as the Ningguo Xuanshi Museum and the Huangshan Wujixue Mineral Water Company.
- May 1st to 5th, 2025 coincides with the International Workers' Day.
Home
>
News
>
Financial News
More
NEWS
Financial News
The global economy may decline 5.2% this year
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）