Search ForexCrunch

Reuters reports the latest comments from a Chinese Commerce Ministry official, as he says that he expects consumption to bottom out in March and recover in Q2.

Key quotes:

If coronavirus crisis lasts for a relatively long time, china’s agricultural, food and labour-intensive industries will be heavily impacted.

Coronavirus has had a relatively big impact on consumption in the short term, but expects consumption to gradually recover.

Consumption will be most heavily impacted by coronavirus in the first quarter.

Expert score


Etoro - Best For Beginner & Experts

  • 0% Commission and No stamp Duty
  • Regulated by US,UK & International Stock
  • Copy Successfull Traders
Your capital is at risk.