The global economy is expected to shrink by 3.0% during 2020 in a stunning coronavirus-driven collapse of activity that will mark the steepest downturn since the Great Depression of the 1930s, the ...

Nearly two decades have passed since a coronavirus known as SARS emerged in China, killing hundreds of people and sparking panic that sent a chill through the global economy. The virus now ...

China China, officially the People’s Republic of China, is the second-largest economy in the world and the fastest-growing trillion-dollar economy.

The world economy will collapse by 4.5% this year despite a swift recovery from the COVID-19 pandemic, according to the Organization for Economic Cooperation and Development. The OECD's latest ...

In an update to its World Economic Outlook, the I.M.F. said it expected the global economy to shrink 4.9 percent this year — a sharper contraction than the 3 percent it predicted in April.

China’s economy increased by about 2 percent in 2020, becoming one of the only major countries to report such growth in the midst of an economically devastating pandemic.Economic activit… ...

China’s economy grew more than expected last year, even as the rest of the world was upended by the coronavirus pandemic. The world’s second largest economy expanded 2.3% in 2020 compared to a ...

The International Monetary Fund estimates the global economy to have shrunk by 4.4% this year compared with a contraction of just 0.1% in 2009, when the world last faced a financial crisis.

The global economy is expected to shrink by about 5.2% in 2020 as a result of the coronavirus pandemic, making it one of the four most severe downturns in 150 years, the World Bank said Monday.

The third factor is stimulus. America’s lawmakers may be unable to agree on a top-up, but they have already enacted the world’s largest rescue package, relative to the size of its economy.

China advanced its aspirations by simply emerging with its economic growth intact from a brutal year when a pandemic shook the world economy.