WTO: International trade is forecast to fall up to 32%

About This Source - CGTN

This story is an English language news item from CGTN. CGTN is a Chinese state-funded broadcaster. More from CGTN

The World Trade Organization (WTO) says international trade is forecast to fall 13 to 32 percent due to the coronavirus pandemic. The WTO says in a report that the drop would be worse than the 2008 global financial crisis. The wide range in its forecast is due to the pandemic’s unpredictable nature. And it remains uncertain when business will be able to resume work. The WTO also says the scale of any recovery next year is equally uncertain.

Subscribe to us on YouTube: https://goo.gl/lP12gA
Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8
Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv

Follow us on:
Website: https://www.cgtn.com/
Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/
Instagram: https://www.instagram.com/cgtn/?hl=zh-cn
Twitter: https://twitter.com/CGTNOfficial
Pinterest: https://www.pinterest.com/CGTNOfficial/
Tumblr: http://cctvnews.tumblr.com/
Weibo: http://weibo.com/cctvnewsbeijing
Douyin: http://v.douyin.com/aBbmNQ/

Leave a Comment