- Bid farewell to 2025 and welcome 2026.
- On December 23 to 25, 2025, the company's management team conducted a working visit in Beijing.
- On December 20, 2025, the company's management held a remote conference call with the South American Caribbean Coast Project Company.
- On December 18, 2025, the company's management held a remote video conference with the project leader in Turkey.
- On December 16, 2025, the company's management team held a meeting in Hefei to listen to the work report from the Indonesian branch.
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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）