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down 21.6 percent in january then down 92 percent in february according to the china association of automobile manufacturers. china home to the world's 2nd largest economy has released its 1st quarter g.d.p. a drop of 6.8 percent millions of workers do not qualify for unemployment benefits and many businesses are on their knees what should be peak season for many is now the worst in recent memory. not. because the situation is dire awful it's as us was for me. i've got no idea how or how to get through this year. there's no hiding from reality my business might not survive this year that i might be unemployed. next year i don't know. chinese officials released another startling figure the number of coronavirus deaths in who has been raised to almost 4000 that's a 50 percent increase from earlier numbers the news has fuelled concerns that china has covered up the true extent of the outbreak an accusation the country denies. time now to take a look at some of the other stories making news around the world. the world health organization says many other countries will probably have to follow china in revising t
down 21.6 percent in january then down 92 percent in february according to the china association of automobile manufacturers. china home to the world's 2nd largest economy has released its 1st quarter g.d.p. a drop of 6.8 percent millions of workers do not qualify for unemployment benefits and many businesses are on their knees what should be peak season for many is now the worst in recent memory. not. because the situation is dire awful it's as us was for me. i've got no idea how or how to get...
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down 21.6 percent in january then down 92 percent in february according to the china association of automobile manufacturers. their industrial production also contract it dropping 13.5 percent in february year on year. the chinese are once again venturing outdoors many workers have returned to the factory and businesses have reopened but it will take time for global supply chains to recover especially since other large industrialized nations are still in lockdown and there's little demand for goods and supply parts from china. the impact will be felt everywhere given that china's share of the global g.d.p. is almost 1000 percent more than double what it was during the sars epidemic of 20022003. it's still too soon to make reliable forecasts but the international monetary fund anticipates that this year will see the worst global recession since the great depression of the 1930 s. with the recovery only starting and 2021 and only if the pandemic is under control by then. now here's a quick roundup off of the developments around the world french president emmanuel across has questioned china's handling off the
down 21.6 percent in january then down 92 percent in february according to the china association of automobile manufacturers. their industrial production also contract it dropping 13.5 percent in february year on year. the chinese are once again venturing outdoors many workers have returned to the factory and businesses have reopened but it will take time for global supply chains to recover especially since other large industrialized nations are still in lockdown and there's little demand for...
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Apr 17, 2020
04/20
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LINKTV
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plummeted, down 21.6% in january, and then down 92% in february according to the china association of automobile manufacturers. china, home to the world's second largest economy, has released its first quarter g.d.p., a drop of 6.8%. millions of workers do not qualify for unemployment benefits, and many businesses are on their knees. what should be peak season for many is now the worst in recent memory. >> of course the situation is dire, awful. it is disastrous for me. i've get no idea how i can get through this year. there is no hiding from reality. my business might not survive this year. then i might be unemployed. what on earth i will do next year, i don't know. >> chinese officials released another startling figure. the number of coronavirus deaths in wuhan has beenn raise to almost 40,000. that is a 50% increase from earlier numbers. the news has fueled concerns that china has coverered up the true extent of the outbreak, an accusation the country denies. >> let's go through this with our reporter based in china for dw, but travel restrictions means he is here in germany. what does this 50% upward revi
plummeted, down 21.6% in january, and then down 92% in february according to the china association of automobile manufacturers. china, home to the world's second largest economy, has released its first quarter g.d.p., a drop of 6.8%. millions of workers do not qualify for unemployment benefits, and many businesses are on their knees. what should be peak season for many is now the worst in recent memory. >> of course the situation is dire, awful. it is disastrous for me. i've get no idea...
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down 21.6 percent in january then down 92 percent in february according to the china association of automobile manufacturers. china home to the world's 2nd largest economy has released its 1st quarter g.d.p. a drop of 6.8 percent millions of workers do not qualify for unemployment benefits and many businesses are on their knees what should be peak season for many is now the worst in recent memory. the situation is awful it's as us was for me. i've got no idea how to get through this year. there's no hiding from reality my business might not survive this year and i might be unemployed. next year i don't know. i've been through the chinese officials released another startling figure the number of coronavirus deaths in han has been raised to almost 4000 that's a 50 percent increase from earlier numbers the news has fuelled concerns that china has covered up the true extent of the outbreak an accusation the country denies. so what's behind that massive jump in reported covered 900 mortalities in we'll have china correspondent my tears have burned into i gave us this assessment it is no surprise that the number
down 21.6 percent in january then down 92 percent in february according to the china association of automobile manufacturers. china home to the world's 2nd largest economy has released its 1st quarter g.d.p. a drop of 6.8 percent millions of workers do not qualify for unemployment benefits and many businesses are on their knees what should be peak season for many is now the worst in recent memory. the situation is awful it's as us was for me. i've got no idea how to get through this year....
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down 21.6 percent in january then down 92 percent in february according to the china association of automobile manufacturers. their industrial production also contracted. dropping 13.5 percent in february year on year. the chinese are once again venturing outdoors many workers have returned to the factory and businesses have reopened but it will take time for global supply chains to recover especially since other large industrialized nations are still in lockdown and there's little demand for goods and supply parts from china. the impact will be felt everywhere given that china's share of the global g.d.p. is almost 19 percent more than double what it was during the sars epidemic of 20022003. it's still too soon to make reliable forecasts but the international monetary fund anticipates that this year will see the worst global recession since the great depression of the 1930 s. with the recovery only starting and 2021 and only if dependent mic is under control by then. now here's a quick roundup of developments around the world the chinese city of han with corona virus 1st protocol has raised its death toll
down 21.6 percent in january then down 92 percent in february according to the china association of automobile manufacturers. their industrial production also contracted. dropping 13.5 percent in february year on year. the chinese are once again venturing outdoors many workers have returned to the factory and businesses have reopened but it will take time for global supply chains to recover especially since other large industrialized nations are still in lockdown and there's little demand for...
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Apr 15, 2020
04/20
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of this year. for china, the china association of automobile manufacturers saying it fell 40 proof of -- 42% comparedst year and we are now getting the latest numbers from carmaker bsic. european commission executives speaking exclusively to bloomberg about possible coordinated aid for european airlines and how to protect businesses hit by the pandemic. >> it depends quite a lot on how long this will take. the first wave of measures is of course liquidity in nrs amounts -- enormous amounts. it may be so that later, recapitalization may be needed and here, we are just consulting on common european framework, if that is needed, in order to make would wantber states wit to recapitalize businesses, in the same way we maintain a level playing field, we try to limit the distortion of competition, and we have had quite positive responses to that with member states, but it will take still some days until we are ready to launch it. >> you did turn a few heads with your interview a few days ago in which you advocated for states taking stakes in companies in order to keep china from taking over some of those co
of this year. for china, the china association of automobile manufacturers saying it fell 40 proof of -- 42% comparedst year and we are now getting the latest numbers from carmaker bsic. european commission executives speaking exclusively to bloomberg about possible coordinated aid for european airlines and how to protect businesses hit by the pandemic. >> it depends quite a lot on how long this will take. the first wave of measures is of course liquidity in nrs amounts -- enormous...