The IMF recorded the beginning of the recovery of China’s economy after the coronavirus
|The International monetary Fund stated that China’s economy is showing signs of recovery after a fall, caused by the outbreak of coronavirus Covid-19. However, the grave threat of the crisis still exists.
According to Reuters, most Chinese firms are already working again.
“What began as a series of sudden stops in economic activity, quickly hit the economy and a full-blown shock, at the same time preventing supply and demand”, — is spoken in the message.
Experts say that China’s slowdown will be noticeable in the first quarter, affecting the performance of the whole year.