COVID-19 hits trade in Asia-Pacific, but impact ‘less bad’ than elsewhere
Worldwide trade is expected to fall by 14.5 per cent in 2020 and following that trend, trade in the region could contract by around 1.9 per cent, estimates from the UN Economic and Social Commission for Asia and the Pacific (ESCAP) suggest. The rest of the world, however, fared worse, and as a result, the region’s share in global merchandise export…
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