China to See Very Little Growth This Year, Oxford Economics Says
April 20, 2020
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6:09Now PlayingChina to See Very Little Growth This Year, Oxford Economics Says
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as posted by the channelApr.20 -- Louis Kuijs, head of Asia economics at Oxford Economics, discusses China's efforts to counter the damage caused by the coronavirus outbreak. Chinese banks lowered borrowing costs and the government promised to sell another 1 trillion yuan ($141.3 billion) in bonds to pay for stimulus spending after the economy had its first contraction in decades due to the outbreak. Kuijs speaks on "Bloomberg Markets: Asia."
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