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China’s economic expectations turned on their head by the coronavirus

At the end of 2019, economic debate in China centred on whether the country should aim for 6 per cent growth the following year – a conversation that was rapidly turned on its head by the coronavirus.As the situation steadily worsened, first in China and then across the globe, growth forecasts were slashed as the death toll mounted.Revisiting these increasingly pessimistic forecasts highlights how quickly assumptions were turned on their heads by a disease that has now infected more than 84…

Read the original article at South China Morning Post

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