GDP growth forecasts

China’s economy may expand 5%, up from the 4.9% projected in May, according to the median of 68 estimates.

Inflation is not seen to be a problem as economic recovery sets in.

One cannot rule out the possibility of a prolonged pandemic causing far more extensive damage to economies, owing to business failures, declining employment, faltering private investment and weak or late policy responses.

The way economists see it, the coronavirus outbreak is not unlike a kick in the knees for Singapore, which had been just about showing signs of regaining its footing.