IMF: world in recession, encouraging recovery in China

The coronavirus "has pushed the world into recession. 2020 will be worse than the financial crisis." The IMF affirms it in a blog signed by John Bluedorn, Gita Gopinath and Damiano Sandri. "The recovery in China, even if limited, is encouraging and suggests that containment measures may be successful in controlling the epidemic and pave the way for the recovery of economic activity" highlights the Fund, stressing however that there is high uncertainty on the future path of the pandemic and its re-emergence in China and other countries cannot be excluded ".