Global GDP likely to grow 2% in 2020

Several international financial organizations have forecast that global GDP growth might fall 1.5% due to Covid-19.

“The situation in China has become more stable. I believe the pandemic will reach its peak soon. This means global GDP will lose 1% of growth, not 1.5%. If the GDP grew 3% last year, the world will lose about 880 billion USD this year, or 1%, according to my forecast,” Mr. Son said.