Covid-19 delivers shock to East Asia on three fronts, as World Bank predicts growth of just 0.9% this year Covid-19 delivers shock to East Asia on three fronts, as World Bank predicts growth of just 0.9% this year
TUESDAY, SEPTEMBER 29, 2020
The Covid-19 outbreak has delivered a triple shock to the developing East Asia and Pacific region (EAP) – the pandemic itself, the economic impact of containment measures and reverberations from the global recession, a World Bank report entitled "From Containment to Recovery: Economic Update for East Asia and the Pacific, October 2020" released on Tuesday said.