BFM Podcast

China Expansion Could Stopper America's Slowdown

Tan KW
Publish date: Fri, 17 Apr 2020, 02:40 PM

Carlos Casanova, Chief Asia Economist, Coface

17-Apr-20 09:00

As Covid-19 runs its course, there are early signs that China growth might mitigate America's slowdown, says Carlos Casanova, Chief Asia Economist, Coface, who offers these estimates for 2020 at this point in time:

China: 4.0%

USA: -2.9%

Italy: -8.2%

Global GDP: -1.3%

Global trade: -4.3%

Global insolvencies: +25%

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