The global epidemic has repeated, the international market is sluggish, and the economy has suffered a comprehensive setback.
As of January 16, 218 countries and regions outside China had infected cases, with a total of 94,392,238 confirmed cases, and 129 countries and regions with more than 10,000 confirmed cases worldwide.
The cumulative number of infected people in the United States exceeds 23.75 million, ranking first in the world. India The cumulative number of infections in Canada,exceeded 700,000, reaching 706,897.
The global pandemic of the Covid-19 epidemic has caused severe damage to the global economy, and the extent of damage exceeded the international financial crisis of 2008. The World Economic Outlook issued by the International Monetary Fund (IMF) in October 2020 predicts that the global economy will shrink by 4.4% in 2020, advanced economies will shrink by 5.8%, and emerging economies will shrink by 3.3%. In 2020, more than 95% of countries’ per capital income are expected to experience negative growth. According to the latest IMF forecast, China will be the only country in the world's major economies that maintains positive growth. At the same time, China's economy is expected to continue to grow in 2021, with a significant growth rate. The World Bank’s June “Global Economic Outlook” predicted that the global economy will decline by 5.2% in 2020, which is “the worst economic recession since World War II” and the year with the largest number of economies with a decline in per capital output since 1870.
